2024-03-28T15:43:06Z
https://journal.uii.ac.id/JSB/oai
oai:ojs.jurnal.uii.ac.id:article/8618
2018-04-26T14:40:14Z
JSB:ART
driver
Peran Karakteristik Pemilik, Hubungan Dengan Pelanggan, Komitmen Perilaku, dan Orientasi Usaha Terhadap Kinerja Keuangan UKM
Ismanto, Hadi
Widya Irawan, Shalihul Aziz
Financial performance
business orientation
owner characteristic
costumer relationship
behavioural commitment
Many small and medium enterprises (SMEs) in Indonesia still experience failure and have less attention on how to maintain business performance stability. There are a lot of business owners who only focus on the benefit value and the incurred cost to run the short-term business operation and pay less attention to financial performance. This study aims to examine the influence of owner characteristics, customer relationship, and behavioral commitment to SME’s financial performance through the mediating role of business orientation. The sample consists of 160 SMEs of Troso Ikat weaving which are selected through purposive sampling technique and the data are analysed using Structural Equation Modeliing (SEM). The results show that owner characteristics reflected by the ambition, imagination, aggressiveness, and confidence, and customer relations indicated by trust level , commitment, and satisfaction have a positive effect on business orientation and financial performance. In addition, business orientation also has a positive impact on the performance of SMEs. Meanwhile, behavioral commitment has no direct effect on business orientation or financial performance.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-04-26
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/8618
10.20885/jsb.vol22.iss1.art5
Jurnal Siasat Bisnis; Vol. 22 No. 1 (2018); 76-91
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/8618/8223
Copyright (c) 2018 Hadi Ismanto
oai:ojs.jurnal.uii.ac.id:article/8642
2018-04-26T14:40:14Z
JSB:ART
driver
Model Keterkaitan Market Orientation, Leadership, Organizational Innovation dan Organizational Performance pada Industri Kerajinan di Sumatera Barat
PRIMA LITA, RATNI
MEUTHIA, MEUTHIA
FAISAL, RANNY FITRIANA
Market Orientation
Leadership
Organizational Innovation
Organizational Performance
The purpose of this study is to analyze the influence of market orientation, leadership, organizational innovation and organizational performance in handycraft industry in Bukittinggi City, Pariaman City, Padang Pariaman Regency, and Pesisir Selatan Regency. This research uses quantitative methods, while the sampling technique using Purposive sampling with sample size of 86 craft companies. The criteria assigned to the respondent is the handycraft business that produce and market their own product. In this study, data were collected through the questionnaire of the owner of the handycraft industry. Data were analyzed using structural equation modeling (SEM) method with SmartPLS software. This research uses multidimensional constructions first order reflective and second order formative. Based on the data analyzed it can be concluded that leadership has a significant positive effect on business performance. This is evidenced by the two dimensions of leadership (Transactional leadership and transformational leadership) is able to explain the performance of the organization well. In addition, market orientation have 3 dimensional (Customer orientation, resource orientation, and competitor orientation) is also able to give influence to organizational performance and organizational innovation. However, organizational innovation is not able to give a significant influence for the performance improvement of handycraft industry. It can be concluded that organizational performance in handycraft industry is influenced by market orientation conducted on consumers and competitors. And also the most important factor is how the attitude of leadership owned by the owner of handicraft industry in managing and running the business, in order to craft products in accordance with customer tastes.           Â
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-04-02
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/8642
10.20885/jsb.vol22.iss1.art3
Jurnal Siasat Bisnis; Vol. 22 No. 1 (2018); 38-61
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/8642/8143
Copyright (c) 2018 RATNI PRIMA LITA, MEUTHIA MEUTHIA, RANNY FITRIANA FAISAL
oai:ojs.jurnal.uii.ac.id:article/8910
2018-04-26T14:40:14Z
JSB:ART
driver
Pengaruh Internasionalisasi, Afiliasi Bisnis, dan Research & Development Terhadap Kinerja Perusahaan Manufaktur di Indonesia
Sulung, Liyu Adhi KAsari
Chadys, Prastica Astrid Octaviandini
Admeinasthi, Mutiara Baby
Internasionalisasi
Afiliasi Bisnis
Research & Development
kinerja
perusahaan manufaktur
Penelitian ini bertujuan untuk mengidentifikasi pengaruh internasionalisasi, jumlah afiliasi bisnis, keberadaan afiliasi bisnis di luar negeri, dan intensitas riset dan pengembangan terhadap kinerja perusahaan-perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia pada periode 2011-2015. Penelitian ini mengukur internasionalitas perusahaan dengan menggunakan rasio penjualan perusahaan di luar negeri terhadap total penjualan perusahaan. Jumlah afiliasi bisnis yang dimiliki perusahaan dihitung berdasarkan data yang terdapat pada laporan keuangan perusahaan. Keberadaan afiliasi bisnis perusahaan di luar negeri digambarkan dengan variabel dummy. Intensitas riset dan pengembangan perusahaan diukur menggunakan rasio biaya riset dan pengembangan terhadap total penjualan perusahaan. Sementara, kinerja perusahaan diukur dengan menggunakan dua proksi, yaitu Return on Assets (ROA) dan Tobin’s Q. Dengan menggunakan analisis data panel, hasil dari penelitian ini menunjukkan bahwa internasionalisasi berpengaruh negatif terhadap kinerja perusahaan, jumlah afiliasi bisnis berpengaruh positif terhadap ROA namun berpengaruh negatif terhadap Tobin’s Q, dan keberadaan afiliasi di luar negeri serta intensitas riset dan pengembangan berpengaruh positif terhadap kinerja perusahaan.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-04-02
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/msword
https://journal.uii.ac.id/JSB/article/view/8910
10.20885/jsb.vol22.iss1.art4
Jurnal Siasat Bisnis; Vol. 22 No. 1 (2018); 62-75
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/8910/8145
https://journal.uii.ac.id/JSB/article/view/8910/12388
Copyright (c) 2018 Liyu Adhi KAsari Sulung, Prastica Astrid Octaviandini Chadys, Mutiara Baby Admeinasthi
oai:ojs.jurnal.uii.ac.id:article/9061
2018-04-26T14:40:14Z
JSB:ART
driver
Identifikasi kompetensi manajerial pada level manajemen menengah dalam industri perbankan Indonesia
Wulandari, Jeni
Identification
Competency
Manager
Bank
Model
The purpose if this study is to identify managerial competencies at middle management level in Indonesian banking industry. The study was conducted using a mixed method approach and the competeny menu and database a generic competency model of managersbySpencer & Spencer (1993). The results of the study propose a preliminary managerial competency model that demonstrates general competencies and key competencies for middle managers in banking industry that can be used as a framework in developing competency models in the Indonesian banking industry. This study presents perspectives and methods that provide further support and expansion in competency studies.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-03-20
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JSB/article/view/9061
10.20885/jsb.vol22.iss1.art2
Jurnal Siasat Bisnis; Vol. 22 No. 1 (2018); 20-37
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/9061/8131
https://journal.uii.ac.id/JSB/article/view/9061/12389
Copyright (c) 2018 Jeni Wulandari
oai:ojs.jurnal.uii.ac.id:article/9421
2018-04-26T14:40:14Z
JSB:ART
driver
Perkembangan penelitian di bidang pengungkapan di Indonesia: Telaah konseptual
Dewi, Aqlima Cendera
Fitriana, Aning
Setiawan, Doddy
bibliograpi
metode analitis
pengungkapan informasi perusahaan
pengungkapan corporate social responsibility
AbstractThis study aims to provide an overview of the development of corporate information disclosure research in Indonesia taken from 11 accredited journals in Indonesia. Samples are obtained from 2004 to 2017 and obtained 66 articles covering the practice of corporate information disclosure. This research classifies articles based on topics, research methods and models used by researchers. The widest researched topics of corporate information disclosure practices are the antecedent topics of firm size and financial ratios, while the widest used research methods are analytical methods. In addition, the corporate social responsibility-based disclosure is widely studied since this disclosure was probably considered as concern of many parties, especially the general public, and causing conflict in the community.AbstrakPenelitian ini bertujuan untuk memberikan gambaran perkembangan penelitian pengungkapan informasi perusahaan di Indonesia yang diambil dari 11 jurnal terakreditasi di Indonesia. Sampel diperoleh dari tahun 2004 sampai dengan 2017 dan diperoleh sebanyak 66 artikel yang membahas mengenai praktik pengungkapan informasi perusahaan. penelitian ini mengklasifikasikan artikel berdasarkan topik, metode penelitian dan model yang digunakan oleh peneliti. Topik yang paling banyak diteliti dari praktik pengungkapan informasi perusahaan adalah topik anteseden yaitu ukuran perusahaan dan rasio keuangan, sedangkan metode penelitian yang paling banyak digunakan adalah metode analitik. Sementara pengungkapan berbasis corporate social responsibility adalah yang paling banyak diteliti karena kemungkinan dianggap menyangkut banyak pihak terutama masyarakat umum dan banyak menimbulkan konflik ditengah masyarakat.Â
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-03-17
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JSB/article/view/9421
10.20885/jsb.vol22.iss1.art1
Jurnal Siasat Bisnis; Vol. 22 No. 1 (2018); 1-19
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/9421/8111
https://journal.uii.ac.id/JSB/article/view/9421/12392
Copyright (c) 2018 Aqlima Cendera Dewi, Aning Fitriana, Doddy Setiawan
oai:ojs.jurnal.uii.ac.id:article/9847
2019-07-12T15:24:53Z
JSB:ART
driver
Pengaruh luas pengungkapan informasi, konsentrasi kepemilikan dan diversifikasi pada biaya modal ekuitas: studi pada perusahaan non-keuangan di Indonesia
Kusumawardhani, Ratih
This study aims to investigate the effect of disclosure, ownership concentration and diversification on the cost of equity capital among non-financial Indonesian firms using IDX data during 2010-2014 periods. This study involves both mandatory and voluntary disclosure that distinguished from previous studies in the context of Indonesia that tend to use only mandatory or voluntary disclosure. This study shows that the disclosure and the concentration of ownership significantly and negativey influence the cost of equity capital. Both mandatory and voluntary disclosure tend to have negative impact on the cost of equity capital. It turns out that the mandatory disclosure has a greater influence on the cost of equity capital than the voluntary disclosure. While, business diversification, that are measured by Herfindahl Index and the number of business segments, significantly and positively affect the cost of equity capital. Lastly, relevant theoretical and practical implications are drawn from this study.Keywords: Disclosure, ownership concentration, business diversification, cost of equity capital
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-12-21
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/9847
10.20885/jsb.vol22.iss2.art5
Jurnal Siasat Bisnis; Vol 22, No 2 (2018); 182-202
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/9847/8836
Copyright (c) 2018 Ratih Kusumawardhani
oai:ojs.jurnal.uii.ac.id:article/9991
2019-07-12T15:24:37Z
JSB:ART
driver
Determinan struktur modal perusahaan di negara-negara Asia Tenggara
Nugroho, Bambang Hadi
Harmadi, Heru Agustanto
cs-bhn
Temuan pengaruh karakteristik keuangan pada struktur modal belum konklusif. Penelitian ini menguji perbedaan karakteristik keuangan perusahaan, perbedaan struktur modal, dan pengaruh karakteristik keuangan pada struktur modal pada perusahaan-perusahaan pemanufakturan di negara-negara Asia Tenggara. Karakteristik keuangan yang diuji meliputi profitability, growth opportunities, non debt tax shield, firm size, tangibility, dan liquidity periode amatan 2006–2012. Pengujian perbedaan karakteristik keuangan dengan MANOVA menemukan adanya perbedaan karakteristik perusahaan antar negara. Pengujian perbedaan struktur modal dengan ANOVA menemukan adanya perbedaan struktur modal perusahaan antar negara. Pengujian pengaruh karakteristik keuangan perusahaan dengan regresi OLS data panel menemukan pengaruhnya pada struktur modal perusahaan di Asia Tenggara.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-12-21
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/9991
10.20885/jsb.vol22.iss2.art3
Jurnal Siasat Bisnis; Vol 22, No 2 (2018); 144-163
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/9991/8834
Copyright (c) 2018 bambang hadi nugroho
oai:ojs.jurnal.uii.ac.id:article/10511
2018-04-26T14:42:55Z
JSB:ART
driver
Identifikasi elemen-elemen mikro kapabilitas dinamis sensing untuk pengembangan inovasi di usaha kecil dan menengah industri kreatif
Priyono, Anjar
Nursyamsiah, Siti
Darmawan, Baziedy Aditya
kapabilitas dinamis (dynamic capabilities)
sensing
elemen mikro (micro-elements)
inovasi
UKM
Penelitian-penelitian terdahulu telah banyak menganalisis bagaimana kapabilitas dinamis dapat mendukung inovasi. Penelitian-penelitian tersebut mayoritas mengamati bagaimana kapabilitas dinamis digunakan untuk mendukung inovasi. Namun demikian, sepertinya elemen-elemen mikro dari kapabilitas dinamis belum pernah dilakukan analisis di penelitian-penelitian yang ada. Penelitian ini bertujuan untuk menganalisis elemen-elemen mikro dari kapabilitas sensing di usaha kecil dan mengenah yang berlokasi di Yogyakarta, Indonesia. Desain penelitian studi kasus dipilih untuk mendapatkan pemahaman yang mendalam mengenai mengapa dan bagaimana elemen-elemen mikro dari sensing dapat mendukung inovasi yang dilakukan oleh perusahaan. Data dikumpulkan melalui interview, observasi, analisis dokumen, dan kunjungan perusahaan. Reliabilitas data penelitian ini dapat dijamin dengan menggunakan teknik triangulasi. Seperti disarankan di literatur, serangkaian teknik dan prosedur digunakan untuk meyakinkan bahwa penelitian ini memenuhi kriteria validitas. Beberapa teknik tersebut diantaranya pattern matching, penggunaan replication lgoic, dan menggunakan beberapa nara sumber sekaligus. Dari hasil data analisis, diperoleh hasil bahwa tingkat inovasi yang berbeda memerlukan penekanan mikro elemen sensing yang berbeda. Perusahaan yang lebih inovatif memerlukan sensing yang lebih intensif sensing dibandingkan dengan perusahaan yang kurang inovatif. Di bagian akhir artikel ini, beberapa arahan untuk penelitian lanjutan disajikan sebagai panduan bagi para peneliti.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-04-26
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/10511
10.20885/jsb.vol22.iss1.art6
Jurnal Siasat Bisnis; Vol. 22 No. 1 (2018); 92-109
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/10511/8225
Copyright (c) 2018 Anjar Priyono, Siti Nursyamsiah, Baziedy Aditya Darmawan
oai:ojs.jurnal.uii.ac.id:article/10698
2020-09-28T10:49:14Z
JSB:ART
driver
The strategic rationale of financial institutions acquisition
Johan, Suwinto
Takeover
Acquisition
Forward Integration
Backward Integration
Determinant
The aim of the paper is to study the determinants of finance companies takeover in Indonesia. The finance company industry is one of the fastest growing industries during the last fifteen years with compounded annual growth rate of 122%. The banking industry which provides majority of the funding, has made finance companies as takeover targets. The automotive manufacturers and dealers which provide the products of financing, have the similar strategy. We analyzed seven micro key financial ratios (profitability, efficiency, growth, firm size, risk, liquidity and solvency) and business portfolio determinants of finance companies take over by examining the relationship between backward integration with banks and forward integration with automotive manufacturers and dealers. We use the binary Logit regression technique. The empirical results show that the determinants of finance companies that were targeted for all types of takeover are the size of the assets and return on equity ratio. The probability of being targeted as a takeover candidate by banking industry (backward integration), is larger for finance companies with higher asset size and diversified portfolio. On the contrary, the probability of being targeted as a takeover candidate by automotive manufacturers and dealers (forward integration), is larger for finance companies with higher profitability, provisioning, leverage, asset size and earning ratios.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-11-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/10698
10.20885/jsb.vol23.iss2.art2
Jurnal Siasat Bisnis; Vol 23, No 2 (2019); 91-103
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/10698/9657
Copyright (c) 2019 Suwinto Johan
oai:ojs.jurnal.uii.ac.id:article/10783
2019-07-15T11:55:17Z
JSB:ART
driver
Anteseden dan konsekuen strategi lingkungan proaktif pada perusahaan di Indonesia
Ismiranti, Arini Lukita
Wibowo, Amin
Proactive Environmental Strategy
Environmental Performance
Environmental Strategy
Corporate Reputation.
Since the agreements of Environmental Sustainability Development (ESD) was initiated, environment issue has become an essential concern for daily business activities. This leads corporates to implement environmental strategy, especially in the proactive manner. The aim of this study is to investigate the effect of institutional pressures on proactive environmental practices and to examine the implication of proactive strategy to the corporate reputation. Using survey data from 76 companies in Indonesia, multiple regression analysis showed that pressure from competitors and professional networks positively influenced proactive strategies, while regulatory pressure did not influence proactive strategies. Our evidence implied that external factors from competitors and professional networks pressures were important driving forces for corporates to apply proactive strategies. In addition, this study found a positive influence of proactive strategy on corporate reputation.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-07-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/10783
10.20885/jsb.vol22.iss2.art6
Jurnal Siasat Bisnis; Vol 22, No 2 (2018); 203-219
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/10783/9287
Copyright (c) 2018 Arini Lukita Ismiranti, Amin Wibowo
oai:ojs.jurnal.uii.ac.id:article/10825
2019-07-12T15:24:20Z
JSB:ART
driver
Peran mediasi keunggulan kompetitif pada faktor determinan kinerja bisnis UKM di sentra tenun batik di Jawa Tengah
Asyhari, Asyhari
Pudjihastuti, Sri Hindah
Kurdaningsih, Dian Marhaeni
Industry era 4.0 poses challenges for Small and Medium Enterprises (SMEs) to expand their business into the global market, but there are still many obstacles related to the readiness of resources and technology. This study aims to analyze the influence of business strategy quality, seller behavior ethics, process innovation, entrepreneurship orientation perspective, and business environment adaptability to the business performance of SMEs, with the role of mediation of competitive advantage. This study is a quantitative inferential research with primary data sources through questionnaires. The sample that used in this study is 80 SMEs entrepreneurs of batik center in Central Java, who taken uses purposive sampling method. The data are analyzed using Partial Least Square Structural Equation Model (PLS-SEM) with SmartPLS software. The results of the first study show that the quality of business strategy and behavioral ethics of the seller partially positive effect on competitive advantage. The second finding of this study shows the quality of business strategy, seller behavior ethic, process innovation, entrepreneurship orientation perspective, business environment adaptability, and partial competitive advantage positively affect business performance. The results of this study are expected to be useful in theoretical development, especially strategic management.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-12-21
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/10825
10.20885/jsb.vol22.iss2.art1
Jurnal Siasat Bisnis; Vol 22, No 2 (2018); 111-131
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/10825/8832
Copyright (c) 2018 Asyhari Asyhari, Sri Hindah Pudjihastuti, Dian Marhaeni Kurdaningsih
oai:ojs.jurnal.uii.ac.id:article/11377
2020-09-24T14:41:51Z
JSB:ART
driver
Revenue diversification and bank profitability: study on Indonesian banks
Ashyari, Muhammad Zaki
Rokhim, Rofikoh
Revenue diversification
profitability
Indonesian banks
Bank has traditional activities that generate interest income, and non-traditional activities such as underwriting and trading securities, broker-agent, and investment banking, and other activities that generate non-interest income. This paper investigates traditional and non-traditional activities and the impact of revenue diversification on bank profitability. We use the data from the Indonesia banking industry 2007-2016 to measure the impact of revenue diversification, commission revenue, trading revenue, and other revenue on bank return on asset and return on equity. We find that revenue diversification increases bank profitability. However, all the non-interest income has a negative correlation on bank profitability.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-03-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/11377
10.20885/jsb.vol24.iss1.art3
Jurnal Siasat Bisnis; Vol 24, No 1 (2020); 34-42
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/11377/9967
Copyright (c) 2020 Muhammad Zaki Ashyari, Rofikoh Rokhim
oai:ojs.jurnal.uii.ac.id:article/11444
2019-07-12T15:24:46Z
JSB:ART
driver
Karakteristik dewan komisaris dan manajemen laba: bukti pada peristiwa penawaran saham perdana
Setiawan, Doddy
board of commissioners
earnings management
independent commissioners
age
tenure
This research aims at examining the effect of board of commissioners characteristics on earnings management in the context of Initially Public Offering (IPO). There are five characteristics of board of commissioners, including: board of commissioners size, percentage of independent commissioners, female commissioners, age and tenure of board of commissioners. Sample of the study consist of 161 non-financial firms that engage in IPO during 2001 – 2016 periods. The result of the study shows female commissioners, independent commissioners, board commissioners size and tenure have no significant effect on earnings management. However, age provide significant effect to mitigate earnings management during IPO. Commissioners with higher age have effectively reduce earnings management. The commissioners use their experience to mitigate earnings management. Further, the study divide sample of the study into larger firms and smaller firms. The result shows that female commissioners and board of commissioners size have negatif effect on earnings management. However, independent commissioners might not have effectively monitor earnings management. Further, age and tenure of the board of commissioners have no significant effect on earnings management in larger firms. The study find that independent commissioners and age have effectively mitigate earnings management in the smaller firms that conducted IPO. Therefore, it is important to consider size of the firm to analyze the effect of board of commissioners characteristics on earnings management during IPO process.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-12-21
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/11444
10.20885/jsb.vol22.iss2.art4
Jurnal Siasat Bisnis; Vol 22, No 2 (2018); 164-181
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/11444/8835
Copyright (c) 2018 Doddy Setiawan
oai:ojs.jurnal.uii.ac.id:article/11728
2019-07-12T15:24:30Z
JSB:ART
driver
The loyalty of Muslim customers on the Indonesian Islamic banks: the role of corporate image, satisfaction, and trust
Darmawan, Baziedy Aditya
loyalty
Muslim customer
Islamic banking
Indonesia
This study aims to investigate the factors that affect the loyalty of Muslim customers in Indonesian Islamic banking industry. Based on the literature review, this study uses customer satisfaction, corporate image, and customer trust as variables that are expected in affecting the loyalty of Muslim customers. Data collection was conducted through a survey that involved 274 Muslim customers. The model was tested using hierarchical regression. The results show that customer’s satisfaction and customer’s trust have an important role to build Muslim customers loyalty in Indonesia Islamic banking industry. Furthermore, the results show that customer’s trust function as a mediator role (partially) for the relationship of customer satisfaction and customer loyalty.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2018-12-21
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/11728
10.20885/jsb.vol22.iss2.art2
Jurnal Siasat Bisnis; Vol 22, No 2 (2018); 132-143
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/11728/8833
Copyright (c) 2018 Baziedy Aditya Darmawan
oai:ojs.jurnal.uii.ac.id:article/11859
2020-10-06T11:10:40Z
JSB:ART
driver
Customer style inventory, the usage of Facebook, and purchase intention: are they connected?
Rachbini, Widarto
Agustina, Anna
Opinion Seeking
Consumer Style Inventory
Facebook
E-WoM
Online social shopping
This study investigates the influence of price, brand, and novelty consciousness of customer style inventory (CSI) on purchase intention of shoes using Facebook. The involvement of opinion seeking using electronic word of mouth (eWOM) and attitude towards social online shopping as mediators of relationship between CSI and purchase intention is also tested. Purposive sampling method was employed, and respondents mainly are residents of the city of Jakarta and Bekasi. The study reveals that brand, price and novelty consciousness influence the opinions seeking through eWOM and attitudes towards online social shopping, which ultimately influence purchase intention of shoes product via Facebook. However, brand consciousness of shoes only plays small role on opinions seeking. Individual with brand consciousness of shoes reduces opinion seeking through eWOM in Facebook. While, price and novelty of shoes might become point of attention while consumers using Facebook.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-11-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/11859
10.20885/jsb.vol23.iss1.art6
Jurnal Siasat Bisnis; Vol 23, No 1 (2019); 67-81
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/11859/9648
Copyright (c) 2019 Widarto - Rachbini, Anna Agustina
oai:ojs.jurnal.uii.ac.id:article/12033
2020-10-06T11:09:26Z
JSB:ART
driver
The green purchase intention of Tupperware products: the role of green brand positioning
Baiquni, Ahmad Miftah
Ishak, Asmai
attitude toward green brand
green brand
green brand knowledge
green brand positioning
green purchase intention
The study aims to examine the relationship between Green Brand Positioning (GBP), Green Brand Knowledge (GBK), Attitude toward Green Brand (AGB), and Green Purchase Intention (GPI). The type of research is quantitative research with total samples of 315, selected using convenient sampling techniques. Data were collected through a questionnaire. Structural Equation Modeling with Lisrel 8.80 program was employed to analyze the hypotheses. The result shows that all of the hypotheses developed in this study are supported by the data. In other words, GBP positively influences GBK and AGB. At the same time GBK affects positively AGB, and AGB influence GPI positively. These results indicate that if green companies want to increase their consumers’ purchase intention, they should develop marketing strategies and programs that enhance their brand position and the consumer knowledge regarding the importance and benefit of green product which in turn increase a positive attitude of the consumers toward the brand. The limitations of this study are first, most of the respondents are young women; second, the study only uses one brand as the object; and finally, respondents involved in this study are those who ever used the products/brand without considering the belonging of the products.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-07-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/12033
10.20885/jsb.vol23.iss1.art1
Jurnal Siasat Bisnis; Vol 23, No 1 (2019); 1-14
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12033/9307
Copyright (c) 2019 Ahmad Miftah Baiquni, Asmai Ishak
oai:ojs.jurnal.uii.ac.id:article/12034
2020-10-06T11:10:04Z
JSB:ART
driver
Finding presence of the God in investor’s heart: examining the link between religiosity and socially responsible investment
Putra, Tegar Satya
Asri, Marwan
Socially Responsible Investment
Ethical Investment
Green Investment
Religiosity
Behavioral Finance
Socially Responsible Investment or ethical investment has grown significantly in various countries. This rising trend creates a big question mark in the head of investors and finance scholars as the concept of ethics and investment has not been widely discussed in the finance literature. The discussion mostly focuses on the demographic characteristics of socially responsible investors and there is only a handful of literature which discusses the within-person factors that influence an investor to invest in SRI. Based on those notions, this paper examines the relationship between investors’ religiosity with their decision-making process in SRI. Religiosity is chosen as the possible antecedent because religiosity has discussed widely in the business ethics literature as one major antecedent in an ethics-related construct. It is found that Religiosity does influence investors decision-making process indirectly through their decision frame.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-07-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/12034
10.20885/jsb.vol23.iss1.art2
Jurnal Siasat Bisnis; Vol 23, No 1 (2019); 15-26
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12034/9308
Copyright (c) 2019 Tegar Satya Putra
oai:ojs.jurnal.uii.ac.id:article/12076
2020-09-28T10:51:21Z
JSB:ART
driver
Efficiency analysis of telecommunications companies in Southeast Asia using Stochastic Frontier Analysis (SFA) method
Hendrawan, Riko
Permana, Gayuh T
Nugroho, Kristian WA
Efficiency
Stochastic Frontier Analysis (SFA)
Telecommunication Industry
This study aims to analyze the efficiency of telecommunications companies and find out the variables of efficiency of telecommunications companies in Southeast Asia in the period of 2008-2017 involving 14 telecommunications operators using the Stochastic Frontier Analysis method. The results of these studies show that the telecommunications companies in Southeast Asia still had room to improve their profit efficiency scores for 0,984 – 0,689 = 0.295. Furthermore, the results show that input variables such as Personal, capex and opex have a positive effect on the value of efficiency which means that each increase in the variable Capex, Opex and Personal Expenses will have an impact in increasing the value of efficiency Whereas the total assets have negative effects on the efficiency value of telecommunications operators. Output variables consisting of revenue, subscribers and ARPU have a significant effect on the value of efficiency. These three output variables in the SFA measurement method have a positive influence on the efficiency of telecommunication operators. Inflation used as an environmental variable in measuring the efficiency of telecommunication operators shows that it does not have a significant impact on the efficiency value of telecommunications operators.This study aims to analyze the efficiency of telecommunications companies and find out the variables of efficiency of telecommunications companies in Southeast Asia in the period of 2008-2017 involving 14 telecommunications operatorsusing the Stochastic Frontier Analysis method. The results of these studies show that the telecommunications companies in Southeast Asia still had room to improve their profit efficiency scores for 0,984 – 0,689 = 0.295. Furthermore, the results show that input variables such as Personal, capex and opex have a positive effect on the value of efficiency which means that each increase in the variable Capex, Opex and Personal Expenses will have an impact in increasing the value of efficiency Whereas the total assets have negative effects on the efficiency value of telecommunications operators.Output variables consisting of revenue, subscribers and ARPU have a significant effect on the value of efficiency. These three output variables in the SFA measurement method have a positive influence on the efficiency of telecommunication operators. Inflation used as an environmental variable in measuring the efficiency of telecommunication operators shows that it does not have a significant impact on the efficiency value of telecommunications operators.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-11-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/12076
10.20885/jsb.vol23.iss2.art3
Jurnal Siasat Bisnis; Vol 23, No 2 (2019); 104-112
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12076/9658
Copyright (c) 2019 Riko Hendrawan
oai:ojs.jurnal.uii.ac.id:article/12181
2020-10-06T11:10:32Z
JSB:ART
driver
Efisiensi dan produktivitas industri perbankan pada sistem moneter ganda di Indonesia
Rusydiana, Aam Slamet
Laila, Nisful
Sudana, Sudana
Efficiency
Productivity
DEA
Malmquist
Indonesia banking industry
This study aims to examine the level of efficiency of 115 commercial banks in Indonesia for the period between 2010 and 2016. We use basic models of Data Envelopment Analysis (DEA) consisting of CCR (Charnes Cooper Rhodes) and BCC (Banker Charnes Cooper) models. This study also investigate the value of productivity of each bank which is then compared. The study finds that commercial banks in Indonesia exhibit an increase in productivity although it is relatively small. The stagnation of the level of productivity is due to the low level of technological change (technological change) rather than a decrease in efficiency (Efficiency change). Another interesting finding is that around 70 percent of the hypothetically relative credit market share in Indonesia is controlled by only 29.56 percent of commercial banks. This also means that around 30 percent of the remaining credit market share is contested by the rest of other banks.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-10-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/12181
10.20885/jsb.vol23.iss1.art5
Jurnal Siasat Bisnis; Vol 23, No 1 (2019); 50-66
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12181/9602
Copyright (c) 2019 Aam Slamet Rusydiana
oai:ojs.jurnal.uii.ac.id:article/12308
2020-10-06T11:10:24Z
JSB:ART
driver
Examining a servant leadership construct and its influence on organizational citizenship behavior
Amir, Diah Astrini
Santoso, Claudius Budi
construct testing
servant leadership
organizational citizenship behavior
Indonesia
This study aims to test a servant leadership construct, the Servant Leadership Survey (SLS), in the context of a collective culture. It also examines the effect of each servant leadership (SL) dimension on the organizational citizenship behavior (OCB) of employees. This study uses a validatory factor analysis method to examine the consistency of the SLS construct and, using a purposive sampling approach, involves 295 respondents working in profit and non-profit organizations. The results of this study reveal that only six dimensions of the eight-dimensional SL accord with the context of collective culture. The six dimensions are empowerment, standing back, forgiveness, courage, authenticity, and humility. The study also reports that the dimensions of standing back and authenticity have an effect on individual OCB, while the dimensions of empowerment and standing back affect organizational OCB. This study contributes to understanding different cultural contexts (individualistic versus collective) and the requirement to adjust the SL dimensions. These dimensions have different effects on OCB at the individual and organizational levels.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-07-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/12308
10.20885/jsb.vol23.iss1.art4
Jurnal Siasat Bisnis; Vol 23, No 1 (2019); 37-49
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12308/9463
Copyright (c) 2019 Claudius Budi Santoso
oai:ojs.jurnal.uii.ac.id:article/12549
2020-10-06T11:10:15Z
JSB:ART
driver
The effect of work-family conflict and flexible work arrangement on turnover intention: do female and male employees differ?
Gunaprasida, Nastyalita
Wibowo, Amin
Work-family conflict
Turnover intention
flexible work arrangements
The purpose of this paper is to examine the effect of work-family conflict, and flexible work arrangements as moderating variable on the intention to leave for female and male employees. The population in this study is hotel employees in Yogyakarta. The sample population chosen was hotel employee who has married, has children, and does not live with parents and parent in-law. Overall, work-family conflict positively influenced intention to leave. There is difference result in regard to moderating variable, as for the female employees a flexible work arrangement moderates the relationship between work-family conflict and turnover intention, while for male workers the moderating effect is not significant. The practical implication is turnover intention can be avoided by creating and developing comfortable work condition and environment where supervisor and colleagues are supporting each other. By developing a comfortable atmosphere, it is expected that negative emotions triggering work-family conflict will be eliminated so employees do not have any reason to leave the organization anymore, especially to women employees. This study offers a new insight which gender might take important roles in the utilization of flexible work arrangements. It is suggested for future research that considering sample population from other industries such as banking industry and hospital may make research more generalizable.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-07-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/12549
10.20885/jsb.vol23.iss1.art3
Jurnal Siasat Bisnis; Vol 23, No 1 (2019); 27-36
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12549/9446
Copyright (c) 2019 Nastyalita Gunaprasida, Amin Wibowo
oai:ojs.jurnal.uii.ac.id:article/12789
2020-09-28T10:51:58Z
JSB:ART
driver
The effect of online service quality and consumers’ motivation on willingness to participate in co-creation activities
Quita, Agnes Gracia
Nugroho, Sahid Susilo
e-service quality
motivation
co-creation
This study examines factors that encourage consumers to participate in co-creation activities. There are two factors that have been tested concerning their roles in determining the willingness of consumers to participate in co-creation activities. The first factor comprise the system and techonology of the service provider. Those are reflected in availability, privacy, and responsiveness aspects of the e-service quality. The second factor is consumer behavior. It is reflected in social motivation and financial motivation aspects. This study applied a survey method using a purposive sampling method to interview 303 respondents. Data were obtained through an online survey. The proposed hypotheses are tested using multiple regression analyses. The study finds that availability, responsiveness, and social motivation have positive impacts on the willingness of consumers to participate in co-creation activities. Conversely, privacy and financial motivation have no effect at all.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-12-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/msword
https://journal.uii.ac.id/JSB/article/view/12789
10.20885/jsb.vol23.iss2.art4
Jurnal Siasat Bisnis; Vol 23, No 2 (2019); 113-126
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12789/9792
https://journal.uii.ac.id/JSB/article/view/12789/12558
Copyright (c) 2019 Agnes Gracia Quita
oai:ojs.jurnal.uii.ac.id:article/12934
2020-09-28T10:52:56Z
JSB:ART
driver
Gamified training: a new concept to improve individual soft skills
Adhiatma, Ardian
Rahayu, Tina
Fachrunnisa, Olivia
creative-oriented leadership
gamified training
communication skills
creative intelligence
and collaboration skills
This study discusses a new concept of "gamified training" through creative-oriented leadership. This concept aims to improve individual soft skills, such as communication skills, creative intelligence and collaboration skills. Gamified training is a design of training through gamification so that it will produce an effective and targeted training. Gamification is a training policy using game pattern. The sampling technique used purposive sampling method. The 106 respondents were involved in this study. Data collection technique used questionnaires and analyzed by regression method. The results showed that there was significant positive effect between creative-oriented leadership with gamified training. Furthermore, gamified training has also been proven to improve the individual soft skills.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-01-20
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/pdf
https://journal.uii.ac.id/JSB/article/view/12934
10.20885/jsb.vol23.iss2.art5
Jurnal Siasat Bisnis; Vol 23, No 2 (2019); 127-141
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/12934/9834
https://journal.uii.ac.id/JSB/article/view/12934/12571
Copyright (c) 2019 Tina Rahayu, Olivia Fachrunnisa, Ardian Adhiatma
oai:ojs.jurnal.uii.ac.id:article/13733
2020-09-28T10:48:37Z
JSB:ART
driver
Board diversity and firm performance: cases in sharia capital market of Indonesia
Sutrisno, Sutrisno
Mohamad, Maslinawati
board diversity
board of women
board of foreign
board of ethnic
corporate performance.
The purpose of this study is to examine the effect of board diversity on corporate performance. In this paper, board diversity refers to the composition of board members consisting of women, foreign, ethnicity, size of the board of commissioner, and size board of directors. Whereas, corporate performance is measured by return on assets (ROA). The sample size of the study uses 48 publicly listed firms in the Sharia capital market of Indonesia for the observation period between 2015 and 2017. The results show that firms with women and foreigner in board had a significant and positive association with corporate performance. Similarly, the board of commissioners and the board of directors also had a significant and positive association with firm performance. However, the existence of the ethnic boards does not affect firm performance.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2019-11-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/13733
10.20885/jsb.vol23.iss2.art1
Jurnal Siasat Bisnis; Vol 23, No 2 (2019); 83-90
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/13733/9656
Copyright (c) 2019 Sutrisno Sutrisno
oai:ojs.jurnal.uii.ac.id:article/13871
2020-09-24T14:41:51Z
JSB:ART
driver
The effect of perceived value by the tourists toward electronic word of mouth activity: the moderating role of conspicuous tendency
Sukaris, Sukaris
Hartini, Sri
Mardhiyah, Dien
The perceived value
emotional
epistemic
electronic word of mouth
conspicuous tendencies
Managers of tourist destinations are currently trying to offer attractions and attractive destination resources to be visited by tourists. However, very few managers of tourist destinations, especially adventure tourism who pay attention to the values that will be obtained by tourists and also very little attention to the tendency behavior of consumers to show off when visiting tourist attractions, in which they will then recommend their activities to others through digital media. The purpose of this study is to analyze the effects of the perceived values by tourists, consisting of emotional value and epistemic value towards the activity of electronic word of mouth of tourists moderated by conspicuous tendencies. The population in this study is visitors who carry out adventurous activities in adventure tourism destinations, with a sample of 400 tourist. Hypotheses are tested by using structural equation modeling. The results of the study provide information that the emotional value affects the activity of electronic word of mouth of tourists. Likewise, the novelty value influences the activity of electronic word of mouth of tourists, while the conspicuous tendencies variable of tourists weakens the effect of emotional value on the activity of electronic word of mouth of tourists. Finally, the conspicuous tendencies variable of tourists can be a variable which strengthens the effect of epistemic value on the activity of electronic word of mouth of tourists.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-03-04
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/13871
10.20885/jsb.vol24.iss1.art1
Jurnal Siasat Bisnis; Vol 24, No 1 (2020); 1-17
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/13871/9964
Copyright (c) 2020 Sukaris Sukaris, Sri Hartini, Dien Mardhiyah
oai:ojs.jurnal.uii.ac.id:article/13998
2020-09-24T14:41:51Z
JSB:ART
driver
University branding: different roles of brand personality and satisfaction
Ningrum, Nonik Kusuma
Kusumawardani, Ratih
Kurniawan, Ignatius Soni
University Branding
Loyalty
Satisfaction
Brand Personality
and Brand Personality
This study aims to provide an integrative framework that investigates the effect of brand experience on loyalty that is mediated by brand personality and satisfaction in the context of an Indonesia’s private university branding. This study applies an explanatory quantitative research method using purposive random sampling as the sampling technique. The data is collected from a total of 385 students of a private university in Yogyakarta using questionnaires. A rigorous analysis of the structural equation model is used to analyze and interpret the data. The result shows that brand experience has no direct effect on brand loyalty, however it has indirect on satisfaction and simultaneously through brand personality and satisfaction. This means that students of a private university perceived that satisfaction is the most important aspect on building loyalty. This study implies that private universities should improve students’ satisfaction to gain loyalty, and consider university brand experience and brand personality in order to strengthen students’ satisfaction toward the university. Building loyalty is important because it can lessen the vulnerability of university in facing competition, not only with local but also with overseas universities or branch of the world's best university to come to Indonesia in the future.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-05-03
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/13998
10.20885/jsb.vol24.iss1.art5
Jurnal Siasat Bisnis; Vol 24, No 1 (2020); 59-71
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/13998/10061
Copyright (c) 2020 Nonik Kusuma Ningrum, Ratih Kusumawardani, Ignatius Soni Kurniawan
oai:ojs.jurnal.uii.ac.id:article/14006
2020-09-24T14:41:51Z
JSB:ART
driver
The impact of burnout toward affective commitment and turnover intention
Mahmod, Daffa Rashad
Rosari, Reni
burnout
exhaustion
cynicism
reduced professional efficacy
affective commitment
turnover intention
This study aims to examine the influence of burnout components which consist of exhaustion, cynicism and reduced professional efficacy toward affective commitment and turnover intention on the study of supporting division employees in PT. XYZ. This research uses quantitative research design with survey method and use questionnaire as research instrument. Multiple linear regression method is used to test the hypothesis in this research. The results show that although the burnout components of cynicism and reduced professional efficacy have significant and negative effect on affective commitment, the exhaustion component has no effect on affective commitment. The results also proved that exhaustion, cynicism and reduced professional efficacy have significant and positive effect on turnover intention.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-03-04
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/14006
10.20885/jsb.vol24.iss1.art2
Jurnal Siasat Bisnis; Vol 24, No 1 (2020); 18-33
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/14006/9965
Copyright (c) 2020 Daffa Rashad Mahmod, Reni Rosari
oai:ojs.jurnal.uii.ac.id:article/14607
2020-09-24T14:41:51Z
JSB:ART
driver
Dividend and leverage in Indonesian intergenerational family firms
Santos, Aldo
Rindra, Elvira
Hidayat, Athalia Ariati
Adelina, Yang Elvi
Family Firms
Family Generation
Dividend
Leverage
This paper analyzes the relationships between family ownership and family generation toward dividend payout and leverage in publicly listed Indonesian firms from 2012 until 2016. The research contributes to explaining relationship between family generations toward dividend payouts and leverage in Indonesian family firms. Samples gathered by the purposive sampling method and random effect regression results show significant negative and positive relationships between family ownership and dividend and leverage, respectively. Family as the majority shareholder pays a lower dividend while employing additional supervision from creditors received as a result of using leverage as a control mechanism to mitigate agency problems. Research into family generation shows a significant positive relationship between descendant-controlled firms and dividend payout, which is in line with the income needs perspective, but an insignificant relationship for leverage. Limitations regarding information force this study to exclude the percentage of ownership and use only judgment to classify family-owned firms and generational stage. With proven expropriation activities toward minority shareholders, family firms can increase transparency and improve corporate governance practice.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-03-11
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/14607
10.20885/jsb.vol24.iss1.art4
Jurnal Siasat Bisnis; Vol 24, No 1 (2020); 43-58
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/14607/9969
Copyright (c) 2020 Aldo Santos, Elvira Rindra, Athalia Ariati Hidayat, Yang Elvi Adelina
oai:ojs.jurnal.uii.ac.id:article/14879
2020-08-20T23:37:10Z
JSB:ART
driver
Earnings persistence of Nigerian listed banks
Abogun, Segun
Olaniyi, Taiwo Azeez
Ijaiya, Muftau Adeniyi
Fagbemi, Temitope Olamide
Persistence
Earnings
Banks
Investment Decision
GMM
Banks report huge profits yearly yet some of these banks were reported to lack capital adequacy and some were reported to be close to being insolvent. Therefore, it is important to determine whether or not the profits reported by these banks are persistent. As a result, the main objective of this study is to examine the persistence of earnings of Nigerian listed banks. The explanatory research design was adopted and data were gathered from the secondary source, specifically from the financial statements of Nigerian quoted banks. The entire fifteen (15) quoted deposit money banks which constitute the population of the study was examined over a period of eleven (11) years spanning 2005 to 2015. In this study, the Generalized Method of Moments (GMM) dynamic panel estimation technique was employed. The study found that the earnings of the Nigerian listed banks are less persistent, that is, less sustainable. It is therefore recommended that investors should exercise caution by paying less attention to reported earnings. Instead, effort should be made to determine the persistent level of earnings to avoid wrong investment decisions.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/14879
10.20885/jsb.vol24.iss2.art6
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 168-178
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/14879/10354
Copyright (c) 2020 Segun Abogun, Taiwo Azeez Olaniyi, Muftau Adeniyi Ijaiya, Temitope Olamide Fagbemi
oai:ojs.jurnal.uii.ac.id:article/15079
2020-08-20T23:37:10Z
JSB:ART
driver
Predicting green product purchase: Applying a Cognitive-Affective-Behavior hierarchy
Jacob, Michael Rusiviro
Putri, Yizzy Weny
Sihombing, Sabrina Oktaria
Green product
cognitive
affective
behavior
There are three major elements that considered being the expected certainty in green product purchasing is environmental attitude, product attitude, and also purchasing intention. Other variables such as collectivism, individualism, subjective and objective knowledge, environmental awareness, government’s role, media exposure, social influence, and perceived monetary value are linked to these factors as well. This research aims to examine regarding Indonesian consumers’ in creating green product purchase intention by applying Cognitive-Affective-Behavior hierarchy This study used convenience sampling as the design of the sampling with 262 respondents as the sample size. Questionnaires were distributed by spreading through internet and social media. After the data of all respondents were collected, then the analysis process of the data is conducted by using SEM PLS. However, there were seven hypotheses that showed unsupported results. These hypotheses are relationship between collectivism and environmental attitude, individualism and environmental attitude, individualism and product attitude, objective knowledge and environmental attitude, the role of government and product attitude, media exposure and environmental attitude, environmental attitude and purchase intention.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15079
10.20885/jsb.vol24.iss2.art1
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 87-113
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15079/10349
Copyright (c) 2020 Michael Rusiviro Jacob, Yizzy Weny Putri, Sabrina Oktaria Sihombing
oai:ojs.jurnal.uii.ac.id:article/15208
2020-08-20T23:37:10Z
JSB:ART
driver
The influence of website characteristics on customer satisfaction and E-WOM in Indonesia
Setyaning, Alldila Nadhira Ayu
Nugroho, Sahid Susilo
website characteristics
customer satisfaction
e-trust
e-commitment
E-WOM
There are many retailers that have developed their web stores and online forums with the purpose of getting closer to their customers. However, the significant growth of online stores makes the e-retailers face a challenge of fierce competition and survival. This study aims to analyse the relationship of website characteristics on customer satisfaction and positive E-WOM in internet shopping in Indonesia. The quantitative method is used to determine the relationships among variables. This research analysed 340 respondents who are born between 1984 to 2002 that have been experienced in buying the product from e-retailer in Indonesia at least once a month during the last year. To collect the data, this research used convenience sampling. The researcher used an online survey by Google Form to spread the questionnaires. Structural Equation Model with AMOS program was conducted to test the hypotheses. The results show that not all hypotheses are supported. The influence of shopping convenience on customer satisfaction and the influence of informative on customer satisfaction is positive but not significant. This research could help the e-retailers by providing digital marketing information, specifically, about attributes in website characteristics that could influence E-WOM through customer satisfaction.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15208
10.20885/jsb.vol24.iss2.art5
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 148-167
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15208/10353
Copyright (c) 2020 Alldila Nadhira Ayu Setyaning
oai:ojs.jurnal.uii.ac.id:article/15211
2020-08-20T23:37:11Z
JSB:ART
driver
Portfolio selection and performance using active and passive strategies (Assessing SRI-KEHATI index in 2013-2018)
Hendrawan, Riko
Fadhyla, Nurul Rachma
Aminah, Wiwin
Portfolios
Tobin’s Q
Price to Book Value
This purpose of this study is to examine the simulation results of optimal stock portfolio establishment with active and passive strategy using Tobin’s Qand PBV ratio approach in Sri Kehati Index. We used data from the annual financial reports in 6years2013-2018, and each period, the portfolio was constructed in six fragments; High Tobin’s Q, Medium Tobin’s Q, Low Tobin’s Q, High PBV, Medium PBV and Low PBV. We used Sharpe, Treynor, and Jensen method to measure the portfolio performance and we adjusted for active and passive portfolio strategy and evaluated in each respective period. Finding from this research shows that on passive strategy, the total average of accumulated return is 78.3576%. The low Tobin’s Q portfolio is followed by low PBV, and high PBV has a return value above the total average and above the IDX Composite. While the total average of the accumulated risks in the passive strategy is 23.4193%. Furthermore based on the results of the performance comparison between return and risks from the portfolio and IDX Composite as a market, in general, both are on passive and active strategies. The results also show that the low Tobin’s Q portfolio is consistently able to provide the highest return value, although the low Tobin’s Q portfolio consistently provides the highest risk both on passive and active strategies; thus, there is a consistently between the results of research and the theory of high-risk, high return. Meanwhile the high PBV portfolio, in general, is consistently able to provide a high return, and risk values are consistently at the lowest level compared to other portfolios. The result shows that it has reached the purpose of establishing a stock portfolio
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-08-20
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15211
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 199-212
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15211/10385
Copyright (c) 2020 Riko Hendrawan
oai:ojs.jurnal.uii.ac.id:article/15282
2020-08-20T23:37:10Z
JSB:ART
driver
Islamic corporate governance and performance based on maqasid sharia index– study in Indonesia
Mukhibad, Hasan
Rochmatullah, Mahameru Rosy
Warsina, Warsina
Rahmawati, Rahmawati
Setiawan, Doddy
Maqasid sharia Index
Corporate Governance
Sharia Supervisory Board Atributes
Board Atribute
Sharia banks and conventional banks have real differences in their objectives and operations. Therefore, performance measurements must differentiated between Sharia banks and conventional banks. One performance measure recommended by researchers is performance-based on the Maqasid sharia Index (MSI). This study is to prove the influence of the Sharia Supervisory Board attributes (number of meetings, level of education, cross-membership) and commissioners' attributes (ratio of independent commissioners, number of members, number of meetings) to performance based on MSI. The research sample is 12 Sharia banks in Indonesia during the 2014-2018 observation year. The data analysis method uses panel data analysis with a fixed effect model. We find that SSB education level and independent board ratio had a negative effect on performance based on MSI. Cross-membership; the number of SSB meetings, board size, number of board meetings, and total assets does not affect performance based on MSI. This finding indicates that MSI has not become one of the goals that must be achieved in the management of Sharia banks in Indonesia. This is because the MSI score is still low. In addition, the dominance of debt financing is a characteristic that banks prefer transactions that generate fixed income and avoid transactions that use a fairer system, i.e. the Profit and Loss Sharing system. We recommend for regulators to develop different measurement tools from conventional banks and in accordance with the objectives of sharia implementation as sharia bank business operations (maqasid sharia). Future researcher can study and develop other measurement tools in formulating maqasid sharia by involving regulators, business actors, and experts so that the produced maqasid sharia indicators can be applied by banks.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15282
10.20885/jsb.vol24.iss2.art2
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 114-126
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15282/10350
Copyright (c) 2020 hasan mukhibad
oai:ojs.jurnal.uii.ac.id:article/15351
2020-08-20T23:37:11Z
JSB:ART
driver
The effectiveness of social media based on photo and video sharing to-wards online purchase intention
Asih, Daru
Teofilus, Teofilus
Sutrisno, Timotius FCW
Yoana, Cynthia
Digital Marketing
Social Media Marketing
Brand Consciousness
Value Consciousness
Price Consciousness
Online Purchase Intention
Internet users in Indonesia have reached 88.1 million and around 79 million are active social media users. The high phenomenon of using social media which is considered quite effective for promotion and sales is used by marketers in developing their business through online marketing on social media, one of which is Instagram. Instagram becomes one of the favorite social media that can help companies simplify their business products and services. Through Instagram, entrepreneurs can interact with consumers by sharing photos and videos. For some people, online purchases made through Instagram are considered more effective and efficient in creating online purchase intentions. The purpose of this research is to find out whether Instagram's social media marketing can influence interest in buying online through mediating variables of brand awareness, value awareness, and price awareness. The research method used is quantitative research with partial least square analysis. This study used a questionnaire and was measured with a Likert scale on 240 respondents of SME's customers. The results of this study indicate that Instagram social media marketing can make online purchase intentions without additional assistance by mediating variables brand awareness, value awareness, and price awareness.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-08-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15351
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 179-186
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15351/10383
Copyright (c) 2020 timotius fcw sutrisno
oai:ojs.jurnal.uii.ac.id:article/15626
2021-06-27T12:25:53Z
JSB:ART
driver
How does gift with purchase influence your satisfaction in online buying?
Andrian, Ami Luki
Rostiani, Rokhima
Gift with purchase
happiness
satisfaction
Purpose – This study tries to examine the effectiveness of gift with purchase when utilized in a social media platform, measured through several variables: perceived usefulness, perceived quality, perceived ingenuity, and perceived cost. We believe that gift with purchase evoke a sense of surprise that leads individual to feel happier thus connects the effectiveness with happiness that subsequently influence individual loyalty.Design/methodology/approach – An online survey was conducted on 207 users of social media platforms for at least six months and received free gift with purchase.Findings – Perceived usefulness and perceived quality significantly influence happiness towards gifts with purchases. Perceived usefulness and perceived quality served as two important predictors for happiness. When consumers perceived they receive more values and benefits and good quality of the gift, their happiness will be significantly higher. Further, this study showed that happiness is a significant predictor for purchase satisfaction. When consumers are happy with their purchase, they report a higher satisfaction level on their buying decision and a particular seller's social media choice.Research limitations/implications – Results of this study have limited generalization due to sample’s characteristics. Further, this study did not differentiate between type of products such as hedonic or utilitarian that might influence how gift with purchase is perceived.Practical implications – This study provides insight into sellers participating in online shopping through social media to improve promotion strategy. Managers needs to show the information regarding usefulness and quality of free gift with purchase to their customers, thus showcasing the serious effort to keep consumer happy and satisfied.Originality/value – The inclusion of happiness variable is scant in research that tries to investigate the effect of gift with purchase and satisfaction. Although rare, happiness is closely related to gift with purchase that are free of charge and thus provide fresh insight on how satisfaction is created.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15626
10.20885/jsb.vol25.iss2.art8
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 177-188
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15626/11310
Copyright (c) 2021 Ami Luki Andrian, Rokhima Rostiani
oai:ojs.jurnal.uii.ac.id:article/15976
2020-08-20T23:37:10Z
JSB:ART
driver
The effect of internationalization, industrial type, and company size on corporate social responsibility disclosure
Frista, Frista
Fernando, Kenny
CSR
disclosure
internationalization
The Multinational Companies has been internationally connected to the world where transparency and accessible information about economic, social, and environment are ultimately required. This study aims to determine the factors that affect the level Corporate Social Responsibility Disclosure (CSRD) by examining the effect of internationalization, industry type, and company size. The samples used are manufacturing companies listed on the BEI during 2013-2015. Data obtained from the company's annual reports. This research uses a quantitative approach with multiple linear regression analysis. On the other side, the researchers also use internalization instead of foreign ownership which existing researches mostly use. In addition, it distinguishably uses NVIVO Software in measuring CSRD instead of scoring to decrease subjectivity. This study shows that the size of firm has a positive effect on the CSRD. There is no evidence of internationalization and industry type effect on the level of CSRD in Indonesia.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15976
10.20885/jsb.vol24.iss2.art4
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 138-147
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15976/10352
Copyright (c) 2020 frista frista
oai:ojs.jurnal.uii.ac.id:article/15978
2020-08-20T23:37:11Z
JSB:ART
driver
Investigating Muslim non-consumers’ intention to use Islamic bank: perceived social value (PSV) and awareness
Pantari, Ery Dwi
Aji, Hendy Mustiko
subjective norms
awareness
perceived values
attitudes
intentions
As a country with the largest Muslim population in the world, Indonesia has a greater market opportunity for Islamic bank than the conventional. When it compares with other Islamic countries, the market share of Islamic banks is still less appealing. This situation is certainly an interesting problem to be researched. The purpose of this study is to examine the influence of subjective norms, awareness, perceived values, attitudes, and intentions to use Islamic banks based on the Theory of Planned Behavior. This study uses quantitative approach where the data is gathered by distributing the online and offline questionnaires. In total, there are 575 respondents collected. This study finds that Muslim non-customers’ intention to use Islamic banks is strongly affected by subjective norms, awareness, and attitudes. It is also found that perceived social value (PSV) does not significantly affect intention to use Islamic banks. This study argues that using Islamic bank is not something ‘special’ to gain social acceptance or positive image in society. It is also supported by the fact that most Muslims in Indonesia do not use Islamic banks.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-08-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15978
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 187-198
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15978/10384
Copyright (c) 2020 Ery Dwi Pantari, Hendy Mustiko Aji
oai:ojs.jurnal.uii.ac.id:article/15991
2020-08-20T23:37:10Z
JSB:ART
driver
Building supply chain collaboration on SMEs: The role of ICT and trust
Kusmantini, Titik
Satmoko, Agung
Pratiwi, Krisnandini Wahyu
Kurniawati, Arum
Information and Communication Technology (ICT)
Trust
Supply Chain Collaboration
Operational Performance
This study aims to investigate the relationship between information and communication technology (ICT), trust, and supply chain collaboration and their impact on companies' operational performance. Partial Least Square (PLS) was used to test the research models. A survey was conducted to collect data from screen-printing SME, which is one of the leading creative industries, in Yogyakarta. Questionnaires were directly distributed and collected from 48 SMEs. The results show that trust and ICT have a significant and direct effect on supply chain collaboration and operational performance. The indirect effect of ICT and trust on operational performance through supply chain collaboration also prove to be significant. The practical implication of this research is the importance of SMEs understanding of the strategic role of technology in sharing information, because with ICT, companies will be able to build more effective business communication. Besides, it is also important to understand the role of trust as a factor supporting the companies' commitment to building sustainable cooperation and achieving higher operational performance.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/15991
10.20885/jsb.vol24.iss2.art3
Jurnal Siasat Bisnis; Vol 24, No 2 (2020); 127-137
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/15991/10351
Copyright (c) 2020 Titik Kusmantini
oai:ojs.jurnal.uii.ac.id:article/16016
2020-09-24T14:41:52Z
JSB:ART
driver
Financial behaviour and financial wellbeing of MSMEs actors: The role of financial literacy and cognitive factors
Rafik, Abdur
Rahayu, Aghnia Setyaning
financial literacy
self-control
optimism
financial behaviour
deliberative thinking
financial wellbeing
MSME
That financial literacy and psychological characteristics are important determinants of financial decisions have long been recognized in the literature. By focusing on Micro Small Medium Enterprises (MSMEs), this study investigates the extent to which financial behaviour and financial well-being consisting of both financial security and financial anxiety can be explained by financial literacy and cognitive factors such as self-control, optimism, and deliberative thinking. Several demographic factors such as gender, age, educational background, and the length of engaging in MSMEs, as well as the characteristics of MSMEs such as industry and monthly sales turnover are functioned as control variables. Data were collected using a questionnaire that was purposively distributed to MSMEs’ actors and analysed using Partial Least Square-Structural Equation Modeling (PLS-SEM). In total, 155 samples were analyzed. The analysis shows that financial behaviour can be explained by deliberative thinking, financial security can be explained by financial literacy and optimism, while financial anxiety can be explained by self-control. Financial behaviour was also found to have a positive direct effect on financial security and financial anxiety. Thus, to improve the financial well-being of MSMEs’ actors, it may be necessary to improve their personal financial management skills that can lead to the positivity of financial behaviour.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2020-07-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/16016
10.20885/jsb.vol24.iss1.art6
Jurnal Siasat Bisnis; Vol 24, No 1 (2020); 72-86
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/16016/10348
Copyright (c) 2020 Abdur Rafik, Aghnia Setyaning Rahayu
oai:ojs.jurnal.uii.ac.id:article/16750
2021-06-27T12:25:44Z
JSB:ART
driver
The identification of the superior human resources in managing profitable entrepreneurs’ activities during Covid-19 pandemic in Indonesia
Sumar’in, Sumar’in
Manullang, Sardjana Orba
Arief, Abdul Samad
Syahril, Syahril
Sari, Rita Kartika
Acknowledge entrepreneurs
superior resources
and managing profitable business in COVID-19 crisis
Purpose: This project aimed to acknowledge the entrepreneurship program in managing human resources in the pandemic era in Indonesia. The essay to understand the entrepreneurship activities in managing human resources in the pandemic era is assumed to have a close connection with acknowledging the entrepreneurship programs in the outbreak of coronavirus 2019 in Indonesia.Methodology: A serial of online information searching and literature review sessions was conducted. After data was gathered, the analysis processing using a qualitative phenomenological approach and profound interpretations were done to see if the research question's reliability and validity were met.Findings: The existing literature on understanding the entrepreneurship program in managing human resources in the pandemic and crisis era of the Covid-19 showed that there are five entrepreneurship activities that were shown relatively significant business program in managing human resources since outbreaks 2020. Finally, we successfully outlined the five related programs as follows: 1) Creating a business crisis plan, 2) More care and services, 3) be among the community, 4) Community relations, 5) Creative thinking endure, 6) Be adjustable. Originality: Direct insights into the entrepreneurship practices, policymaking, and academic business development are beneficial in creating the next entrepreneurship program plan, especially the strategy to manage human resources with an entrepreneurial role in the pandemic crisis.Research implication: Further project is needed to anticipate the next economic crisis and social-political changes that impacted economic development in Indonesia.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-21
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/16750
10.20885/jsb.vol25.iss2.art7
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 166-176
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/16750/11309
Copyright (c) 2021 Sumar’in, Sardjana Orba Manullang, Abdul Samad Arief, Syahril, Rita Kartika Sari
oai:ojs.jurnal.uii.ac.id:article/16970
2021-01-14T23:28:02Z
JSB:ART
driver
The effect of demographic factors on behavioral biases
Beatrice, Vania
Murhadi, Werner R.
Herlambang, Arif
Behavioral Finance
overconfidence bias
disposition effect
herding bias
mental accounting
The purpose of this study was to examine the influence of demographic factors such as gender, age, education, occupation, income, and investment experience on investor behavior bias such as overconfidence bias, disposition effects, herding bias, and mental accounting. This type of research was causal research with a quantitative approach, and the analytical method used was the analysis of SEM (structural equation modeling). This research was conducted by distributing questionnaires to investors listed on the Indonesia Stock Exchange with a minimum age of 17 years. The results showed that overconfidence bias was influenced by investment experience while disposition effect was influenced by age, income level, and investment experience. Herding bias was influenced by age and occupation while mental accounting was influenced by income level.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/16970
10.20885/jsb.vol25.iss1.art2
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 17-29
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/16970/10947
Copyright (c) 2021 Vania Beatrice; Werner R.Murhadi; Arif Herlambang
oai:ojs.jurnal.uii.ac.id:article/16972
2021-01-14T23:28:11Z
JSB:ART
driver
Triple Helix: a sustainable economy for hijab SMEs in the new normal
Surjanti, Jun
Aji, Tony Seno
Sanaji, Sanaji
Chendra, Setya
Triple Helix
Hijab SMEs
Production
New Normal
Although the COVID-19 pandemic has gradually improved, people's activities have not recovered to normal due to various conditions. This period is a transition period known as the "New Normal". Besides its impact on people's health, COVID-19 also affects other aspects, including the economy, education, and law. The economic impact highly touches low-medium class people including SMEs as the business activities which need to be halted due to PSBB (Large-Scale Social Restriction). Triple Helix is a SMEs' development model that links Science (S), Government (G), and Business (B). This article aims to examine whether Triple Helix with SGB Balanced model is possibly utilized to revive the Hijab SMEs business activity. This study is descriptive-qualitative research and analyzed using the Miles and Hubberman techniques. Data were obtained through online questionnaires and interviews from hijab craftsmen associating with two SMEs. The results show that respondents have successfully adapted to the New Normal and resumed their business activity by implementing technology and information given by the S (science) agent and the G (government) agent’s assistance. Therefore, it indicates that implementing Triple Helix provably revives the Hijab SMEs business activities.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/16972
10.20885/jsb.vol25.iss1.art3
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 30-40
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/16972/10948
Copyright (c) 2021 Jun Surjanti, Tony Seno Aji, Sanaji, Setya Chendra
oai:ojs.jurnal.uii.ac.id:article/17001
2021-01-14T23:28:19Z
JSB:ART
driver
Islamic excellence achievement spirit: a strategy to drive knowledge sharing behaviour and adaptive selling capability
Sudarti, Ken
Wasitowati, Wasitowati
Knowledge Sharing Behavior
Islamic Excellence Achievement Spirit
Adaptive Selling Capability.
Knowledge sharing is still becoming a concern for many researchers because of the various positive impacts encountered. However, many individuals are still hesitant to do so, especially in a competitive environment where 'knowledge is power'. Knowledge sharing is often conducted only for the purpose of self-imaging and mutual benefits. Various studies that try to explore the antecedent variable of knowledge sharing behavior rarely use an Islamic motivational perspective. Hence, this article offers a new concept of Islamic excellence achievement spirit which is expected to be a cornerstone to improve knowledge sharing behavior. This new concept is the result of synthesis from the need for achievement theory, social capital theory, and Islamic values. The 291 sharia insurance employees in Indonesia were used as respondents of this study. Respondents obtained by using snowball sampling combined with purposive sampling. Regression analysis is used to test the empirical research model. The results show that Islamic excellence achievement spirit is proven to be able to increase knowledge sharing behavior that has an impact on increasing adaptive selling capability.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17001
10.20885/jsb.vol25.iss1.art4
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 41-56
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17001/10949
Copyright (c) 2021 Ken Sudarti, Wasitowati Wasitowati
oai:ojs.jurnal.uii.ac.id:article/17002
2021-01-14T23:28:28Z
JSB:ART
driver
Implementation of financial report and taxation training: performance of MSMEs in Special Regions Yogyakarta
Resmi, Siti
Pahlevi, Reza Widhar
Sayekti, Fran
Financial Training
Taxation Training and Competitive Advantage
This study aims to determine and analyze the application of financial report and taxation training for Micro, Small, and Medium Enterprises (MSMEs) as well as any constraints faced ahead. This study observed 25 MSMEs in Special Region of Yogyakarta using a convenience sampling method. The data used are primary data obtained through interviews and focus group discussions. This research used qualitative analysis techniques. The result shows that MSMEs did not keep records because it was difficult and inconvenient. It also found that MSMEs have a tax ID number (NPWP) but did not pay and report their taxes. Tax is perceived as an expense which results in a reduced profit. However, financial reports and knowledge of taxation are required when applying for bank loans and obtaining government incentive funds. With training in the preparation of financial and tax reports, MSMEs are aware of the importance of financial and tax reports. Financial reports, NPWP, and tax return (SPT) filling are factors that can improve their business performance.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JSB/article/view/17002
10.20885/jsb.vol25.iss1.art5
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 57-68
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17002/10950
https://journal.uii.ac.id/JSB/article/view/17002/13021
https://journal.uii.ac.id/JSB/article/view/17002/13022
Copyright (c) 2021 Siti Resmi, Reza Widhar Pahlevi, Fran Sayekti
oai:ojs.jurnal.uii.ac.id:article/17006
2021-01-14T23:28:36Z
JSB:ART
driver
Sustainable and responsible investment in Indonesia and Malaysia: an event study on SRI-KEHATI and FTSE4GBM Indices
Targanski, Klara Petra Theodora
Murhadi, Werner R.
abnormal return
CAAR
SRI index
The purpose of this research is to examine the effect of SRI index on abnormal return of added to and deleted stocks of two countries, Indonesia (SRI-KEHATI) and Malaysia (FTSE4GBM). The effect was examined using CAAR of the stock around index announcement. This research was conducted using event study methodology. The samples used in this research are all the stocks that were added to and deleted from SRI-KEHATI index on 2009-2018 announcements and FTSE4GBM index on 2014-2018 announcements. The result of hypothesis test shows that SRI index announcement has negative significant effect to the added stocks to SRI-KEHATI’s CAAR before announcement, after announcement and cumulative periods, to added stocks to FTSE4GBM’s before announcement and cumulative periods, and to deleted stocks from FTSE4GBM’s after announcement and cumulative periods. SRI index announcements has positive significant effect to the deleted stocks from SRI-KEHATI’s CAAR before announcement. Information on SRI index announcements has effects to the decisions made by investors. Indonesian investors reacted negatively toward added stocks but not choosing deleted stock either after announcements. Malaysian investors reacted negatively toward both added and deleted stocks, added stocks are perceived better even if positive CAAR are insignificant after announcements.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17006
10.20885/jsb.vol25.iss1.art6
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 69-78
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17006/10951
Copyright (c) 2021 Klara Petra Theodora Targanski, Werner R. Murhadi
oai:ojs.jurnal.uii.ac.id:article/17021
2021-01-14T23:28:44Z
JSB:ART
driver
Obstacles build communication and coordination of institution in the university: a qualitative study
Rony, Zahara Tussoleha
Suharjuddin, Suharjuddin
Silitonga, Tatar Bonar
Adaptation
Collaboration
Coordination
Leader
Organizational Communication
The Corona Virus Pandemic forces most organizations to implement systems and policies that are adjusted to gov-ernment regulations and appeals, including work from home, including at a research institute in private universi-typies in Indonesia. For the systems and policies to be implemented effectively, the leadership makes adjustments, especially in managing communications. Communication management is an important point during this transi-tional period because it has an impact on the coordination and results of work. Ineffective communication causes the institution's performance to be less than optimal. The purpose of this research is to describe the practice of communication management and coordination carried out by the leadership of an institution at a private university in Jakarta. The research method chosen was a case study approach, 11 informants were determined by purposive and snowball sampling. The results of this research show that the communication and coordination carried out by the leadership of the institution is not optimal, besides that it is limited to taking the initiative in confirming and providing a response, resulting in delays in completing their work. The fact in the field of leadership has not ad-justed the style of communication and coordination during the new normal. Comprehensive communication and coordination skills need serious attention because these abilities have an impact on institutions in building a cul-ture of synergy.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17021
10.20885/jsb.vol25.iss1.art7
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 79-90
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17021/10952
Copyright (c) 2021 Zahara Tussoleha Rony, Suharjuddin Suharjuddin Suharjuddin, Tatar Bonar Silitonga
oai:ojs.jurnal.uii.ac.id:article/17042
2022-07-12T07:09:49Z
JSB:ART
driver
When follower believe in co-production leadership: why do personal characteristics matters?
Sunaryo, Sinto
Suyono, Joko
Sarjiyanto, Sarjiyanto
Effendi, Adnan
Risgiyanti, Risgiyanti
Co-Production leadership
individualism
collectivism
romance of leadership
obedience
Purpose – The present study aims to analyze personal characteristics that potentially affect the belief in co-production leadership and its effect on behavior based on the belief. This study also attempted to determine the impact of the leadership romance role on the relationship between coproduction leadership and the intention to obey the leader.
Design/methodology/approach – The research used a survey method with a quantitative approach. Out of 250 distributed questionnaires, only 149 questionnaires met the criteria. Partial Least Square Structural Equation Modelling (PLS-SEM) was used to test the proposed hypotheses.
Findings – The result of the study showed that the values of collectivism positively associated with the co-production leadership belief. However, the study also found that the values of individualism had no significant effect on the co-production leadership belief. Surprisingly, the result also showed that the co-production leadership belief positively affected the leader's intention to obey.
Research limitations/implications – This study addressed political parties as the object of the study, so thoroughness in generalizing the result of the study to other objects is needed. The study's design is cross-sectional, which limits the researcher's in-depth analysis of workplace violence phenomena since the data being studied is only based on one period of time. Lastly, the data for analysis were limited to the respondents’ responses to statements in the questionnaire. More information could be obtained by conducting an in-depth interview with the respondents.
Practical implications – The result of this study indicated that the romance of leadership moderates the relationship between the co-production leadership and the intention to obey the leader. This study opens new avenues for research on organizational cynicism and carries implications for theory and practice.
Originality/value – This study attempts to answer the question about whether each individual with different characteristics (high values on individualism-collectivism) possess a different belief related to followership role orientation (i.e. co-production leadership). The study also examines whether this belief determines followers' behavior on leadership process.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17042
10.20885/jsb.vol26.iss2.art4
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 172-182
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17042/13832
Copyright (c) 2022 Sinto Sunaryo, Joko Suyono, Sarjiyanto Sarjiyanto, Adnan Effendi, Risgiyanti Risgiyanti
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/17111
2021-01-14T23:27:55Z
JSB:ART
driver
The role of community of inquiry and self-efficacy on accounting students’ satisfaction in online learning environment
Yandra, Fachmi Pachlevi
Alsolami, Badr
Sopacua, Ivana Oktarina
Prajogo, Wisnu
CoI framework
online learning self-efficacy
accounting students’ satisfaction
The Community of Inquiry (CoI) framework provides a solid guideline for researchers to investigate a quality of online learning. However, there are still very limited studies that explore the pattern of relationships between CoI framework and accounting students’ satisfaction in online learning. In the context of online learning, self-efficacy plays a role to determine the level of students’ confidence to get success in the learning process. Students with a high level of self-efficacy will not perceive a difficult task as an obstacle to be avoided, but rather as a challenge to develop abilities. This research aims to explore the relationship between CoI framework and accounting students’ satisfaction through online learning self-efficacy. Self-administered survey was conducted to 437 accounting students. Hypothesis was tested using SEM-PLS. Results showed that CoI framework were good predictors of accounting students’ satisfaction. Different from most studies, this research found that students were more influenced by social presence instead of teaching presence. Higher educational institutions needed to focus on how to improve social presence in the online learning environment. In addition, higher educational institutions needed to manage students' online learning self-efficacy instead of technology self-efficacy.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-01-07
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17111
10.20885/jsb.vol25.iss1.art1
Jurnal Siasat Bisnis; Vol 25, No 1 (2021); 1-16
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17111/10946
Copyright (c) 2021 Fachmi Pachlevi Yandra, Badr Alsolami, Ivana Oktarina Sopacua, Wisnu Prajogo
oai:ojs.jurnal.uii.ac.id:article/17153
2021-06-27T12:25:38Z
JSB:ART
driver
Strengthening digital ecosystem for SMEs through readiness to change and agile leadership
Rozak, Hasan Abdul
Adhiatma, Ardian
Fitriati, Ika Rosyada
readiness to change
agile leadership
dynamic capabilities
digital ecosystem
SMEs
Purpose: This study aims to describe and analyze the relationship between readiness to change and agile leadership on the dynamic capabilities of SMEs. Furthermore, this study also examines the effect of dynamic capabilities in strengthening the digital ecosystem of SMEs.Design/methodology/approach: The data used in the study are collected from 250 SMEs through structured questionnaires. This study analyzes three hypotheses using structural equation modeling.Findings: The results of the study show that readiness to change and agile leadership can improve the dynamic capabilities of SMEs. The improved dynamic capabilities of SMEs are proven to be able to strengthen the digital ecosystem in SMEs. The results of this study are expected to contribute to SMEs in strengthening the growth of the digital economy in Indonesia.Research limitations/implications: This research has several limitation aspects, the research design is cross-sectional, and the research design cannot ensure that the causal relationship is specified in the hypothesis; in fact, the results tend to be consistent with theoretical reasoning. This study analyzes dynamic capabilities, a more specific approach may be needed to be able to fully utilize each process for the realization of a digital ecosystem. Another limitation, this study only examines the direct effect between a penchant for change and agile leadership on the capabilities of SMEs. Then test the direct influence between dynamic capabilities on the realization of a digital ecosystem.Practical Implications: The implication of the results of this research for management is as a literature on efforts to strengthen the digital ecosystem for SMEs through dynamic capabilities formed fro readiness to change and agile leadership. SME entrepreneurs must realize that change is a necessity along with the development of society and technology so that readiness to change becomes veri important. Besides, SME entrepreneurs are also required to have an agile leadership spirit so that they can guide and influence their team in achieving targets and solving problems properly.Originality/value: This study focuses on change readiness and agile leadership in relation to the dynamic capabilities of SMEs that can ultimately shape digital ecosystems. the results of this study provide additional empirical evidence for areas of research where there are few studies exist.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17153
10.20885/jsb.vol25.iss2.art6
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 155-165
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17153/11308
Copyright (c) 2021 Hasan Abdul Rozak, Ardian Adhiatma, Ika Rosyada Fitriati
oai:ojs.jurnal.uii.ac.id:article/17261
2021-06-27T12:25:10Z
JSB:ART
driver
Do distressed firms manage earnings?
Nuswantara, Dian Anita
Andjani, Warih Puspo
Distressed-SOE
distressed-POE
financial behavior
earnings management
Altman Z-Score
Purpose: This research aims to test and analyze whether the central role of SOE compare with the phenomenon of financial distress will result in dysfunctional behavior. This motivates researchers to investigate SOE financial performance and behavior. Thus, this study aims to prove that the influence of financial distress on SOE and POE behavior is different.Design/methodology/approach: The researcher employs a quantitative approach to test the hypotheses. The data collected using documentation of financial data of 55 SOE and 135 POE listed in Indonesia Stock Exchange year 2014-2018. Distress status determines using Altman Z-score and earnings management measured using the Modified Jones Model. This study examines two groups of samples originating to test hypotheses using two independent sample t-tests.Findings: The research results succeeded in proving that SOE and POE react to a distressing condition in different ways. While SOE responds in the increasing pattern, means income maximization, the POE were in the opposite direction.Research limitations/implications: Scoring bankrupt prediction use only one equation, that is Altman Z-score, thus there are bias potential due to “no one-size-fits-all” view point.Practical implications: This result suggests that the government and other shareholders should be careful in making decisions concerning distressed SOE.Originality/value: Most earnings study was conducted in good financial performance in order to get a general conclusion. Since other scholars focus on how SOE performance in a “normal” situation, this research tries to investigate their behavior in the “abnormal situation.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17261
10.20885/jsb.vol25.iss2.art2
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 111-118
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17261/11304
Copyright (c) 2021 Dian Anita Nuswantara, Warih Puspo Andjani
oai:ojs.jurnal.uii.ac.id:article/17663
2021-06-27T12:25:25Z
JSB:ART
driver
Generation Z and organizational citizenship behavior of sharia banking
Yuniawan, Ahyar
Filatrovi, Eldes Willy
Arraniri, Iqbal
Organizational Support
Career Development
Employee Engagement
Organizational Citizenship Behavior
Gen Z
Sharia Banking
Purpose: The goal of this study is to test and examine the effect of organizational support on employee engagement and OCB; the impact of career development on employee engagement and OCB; as well as the impact of employee engagement on OCB. The survey was carried out on Indonesia's 200 Sharia Banking Generation Z employees.Design/methodology/approach: All Generation Z employees working as the population in Islamic banking companies in Indonesia use the questionnaire and interviews to collect data. The purposeful sampling was used in this study where the researcher understood that it was possible to gather the appropriate information from a particular population that was able to provide the information requested and that the predetermined criteria had been fulfilled. Since the population is too large, this method was chosen. 200 samples consist of the sample number. In this analysis, SEM is the method used to process information (Structural Equation Model)Findings: The organizational support variable is shown to be capable of influencing employee engagement, which means that the better organizational support offered by the company would also increase the greater engagement of Generation Z employees in Sharia banking. Variables in work growth can affect employee engagement, meaning that the greater company's career development, the greater employee's engagement. Organizational support has been shown to affect OCB, which shows that the better organizational support of the corporation, the greater organizational citizenship behavior of the employee. It is seen that career development is capable of impacting OCB, which means that the greater employee's additional position operation will bring a stronger implementation of career development. The employee engagement variable has also proven to be able to influence OCB, which means that the greater employee engagement, the greater additional role of Generation Z employees in Islamic banking.Research limitations/implications: Limitations in this study include the nature of open-ended questions which are less understood by respondents, so that many respondents responded with inappropriate answers and some others were not filled in causing the lack of information obtained about the actual situation in current Islamic banking. With this limitation, it is hoped that further scientific research will be considered and made to obtain better research results.Practical implications: The organization would concentrate more on progress in the career development system, taking into account, among other considerations, other variables. Organizations could try to shape their identities as responsible corporate or global citizens by taking a leadership position in sustainable business practices and demonstrating to millennials that OCB is an important way to meet their service needs. The millennial workers would welcome these events, which would encourage them to take on additional duties by assisting other colleagues. Such efforts will be necessary in the twenty-first century to build an effective workforce.Originality/value: It has been shown that employee engagement as an intervening variable can mediate the impact on organizational citizenship behavior between organizational support and career growth, although calculations show that the direct effect of independent variables (organizational support and career development) on OCB is greater than that through employee engagement variable (indirect influence)
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/msword
application/msword
https://journal.uii.ac.id/JSB/article/view/17663
10.20885/jsb.vol25.iss2.art4
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 131-141
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17663/11306
https://journal.uii.ac.id/JSB/article/view/17663/13108
https://journal.uii.ac.id/JSB/article/view/17663/13109
Copyright (c) 2021 Ahyar Yuniawan, Eldes Willy Filatrovi, Iqbal Arraniri
oai:ojs.jurnal.uii.ac.id:article/17685
2021-06-27T12:25:04Z
JSB:ART
driver
Employer brand attractiveness: the effect of demographic variables on career goals
Kismono, Gugup
Rahayu, Niken Lulanti
Employer branding
career goals
gender
marital status
academic achievement
work experience
economic background
Purpose: This research aimed to observe the differences between respondents’ characteristics based on their career goals as part of employer brand, and to identify effective employer branding. It was important since many businesses failed to attract the best talent due to limited knowledge on organizational attractiveness and employer branding strategy.Design/methodology/approach: The data were collected through self-administered questionnaire. There were 16 items used to represent career goals attributes in employer branding. The data was ordered based on the characteristics’ relative importance and assigned points accordingly (the first rank is scored the highest = 6) and analyzed using a K-related samples test and weighted-mean average computation with ANOVA tables. K-independent samples and a One-Way ANOVA test to identify the differences of career goals preferences.Findings: Results showed that there were various significant different across respondents’ characteristics such as gender, marital status, academic achievement, work experience, and economic background. The differences between each group for the most and the least important career goals can still be observed. The findings for career goals items are generally consistent with the known theories of organizational attraction.Research limitation/implications: The data were collected from business school students. It is limited in that it may not have captured the reflections of potential employees groups in Indonesia whose characteristics combinations of experience and attitudes toward employer brand differed from the sample used. Applying these research findings should be done meticulously.Practical implications: This research offered an interesting insight on the relations of employer brand's attractiveness dimensions, career goals, and individual differences. Based on this research findings, organizations may consider emphasizing on the attributes that are attractive to high-achievers or to one specific gender.Originality/value: This research contributed to identifying how respondents perceive the dimensions ranking of employer brand attractiveness and analyzing the detail characteristics attractiveness (career goals) based on demographic variables.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/17685
10.20885/jsb.vol25.iss2.art1
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 91-110
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/17685/11303
Copyright (c) 2021 Gugup Kismono, Niken Lulanti Rahayu
oai:ojs.jurnal.uii.ac.id:article/18272
2021-06-27T12:25:31Z
JSB:ART
driver
Proactive personality, voice behavior, and the roles of team social exchange
Wijaya, Nikodemus Hans Setiadi
Proactive personality
Team social exchange (LMX and TMX)
Team-voice behavior (TVB)
Organizational-voice behavior (OVB)
Self-determination theory
Purpose: This research examined the links of proactive personality, team social exchange comprising leader-member exchange (LMX) and team-member exchange (TMX), and two types of voice behavior comprising team-voice behavior (TVB) and organizational-voice behavior (OVB). Under self-determination theory, the current study proposes the mediating effects of team social exchange on proactive personality and voice behavior.Design/methodology/approach: This study was based on online questionnaire surveys from 238 Indonesian employees. A structural equation modeling (SEM) analysis with the bootstrapping technique was used to examine the hypothesized relationships.Findings: The current study found 1) the significant influences of proactive personality on both LMX and TMX; 2) the significant influences of proactive personality on TVB and OVB; 3) the influences of LMX and TMX on both TVB and OVB; and 4) the partial mediating effects of LMX and TMX.Research limitation/implications: A single-rater method in data collection may occur in some extents of common method variance (CMV). The findings contribute to the empirical evidence of the pivotal role of team social exchange on the relationships between proactive personality and two types of voice behavior.Practical implications: Since voice behavior may have positive impacts on the organization’s performance and survival, organizations may wish to include proactive attributes in the HRM process (e.g., selection, promotion) and may also want to place more attention on efforts directed at improving team social exchange relationships. Also, organizational practitioners are advised to promote team social exchange as an additional factor impacting voice behavior. In addition, the proposal of two types of voice behavior may offer a wider scope of this construct. Originality/value: This study proposes two types of voice behavior, namely team-voice behavior (TVB) and organizational-voice behavior (OVB) which extend the scope of this construct.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/18272
10.20885/jsb.vol25.iss2.art5
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 142-154
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/18272/11307
Copyright (c) 2021 Nikodemus Hans Setiadi Wijaya
oai:ojs.jurnal.uii.ac.id:article/18357
2021-06-27T12:25:17Z
JSB:ART
driver
The influence of e-service quality, trust, brand image on Shopee customer satisfaction and loyalty
Handayani, Dola Fitritha Raras
PA, Retno Widowati
Nuryakin, Nuryakin
e-service quality
trust
brand image
customer satisfaction
customer loyalty
Purpose: This research's main objective is to determine the relationship among e-service quality, trust, and brand image to customer loyalty. Customer satisfaction was a mediator which focused on Shopee customers in Yogyakarta.Design/methodology/approach: The research respondents consisted of 245 customers. The reliability and validity tests were conducted. The collected data were analyzed using the SEM AMOS method.Findings: The research results showed that: 1) e-service quality had a positive and significant influence on customer loyalty; 2) trust had a positive and significant influence on customer loyalty; 3) brand image had a positive and significant influence on customer satisfaction; 4) e-service quality had a positive and significant influence on customer loyalty; 5) customer trust had a positive and significant influence on customer loyalty; 6) brand image had a positive and significant influence on customer loyalty; 7) customer satisfaction had a positive and significant influence on customer loyalty; 8) e-service quality had a direct influence on customer loyalty without customer satisfaction as a mediator; 9) trust had a direct influence on customer loyalty without customer satisfaction as a mediator; 10) brand image had a direct influence on customer loyalty without customer satisfaction as a mediator.Research limitation/implications: The research sample was Shopee customers in the Special Region of Yogyakarta. There had not been an analysis of other factors that influence customer satisfaction and loyalty, such as social risk and time risk. Practical implications: Future research should expand the research sample to Shopee customers outside of Yogyakarta Special Region. For further research, it is recommended to modify the proposed model so that the goodness of fit criteria obtained will be fulfilled by the good criteria.Originality/value: In the context of customer satisfaction and loyalty, this research had offered an empirical research model on the relationship among e-service quality, trust, brand image, customer satisfaction and customer loyalty on Shopee customers outside of Yogyakarta Special Region. The use of satisfaction had mediating influence of e-service quality, trust, brand image on customer loyalty.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-06-16
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/18357
10.20885/jsb.vol25.iss2.art3
Jurnal Siasat Bisnis; Vol 25, No 2 (2021); 119-130
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/18357/11305
Copyright (c) 2021 Dola Fitritha Raras Handayani, Retno Widowati PA, Nuryakin Nuryakin
oai:ojs.jurnal.uii.ac.id:article/18454
2022-01-07T14:40:51Z
JSB:ART
driver
The role of perceived value in understanding tourist experience and post experience at heritage destinations
Pujiastuti, Eny Endah
Soeprapto, Adi
Susanta, Susanta
Utomo, Humam Santosa
Maharaniputri, Aninda
Heritage Destination
Memorable Tourist Experience
Perceived Value
Storytelling Behav-ior
Affective Commitment
Destination Loyalty
Candi Borobudur
Purpose: This research aims to develop and test the theoretical model of the use of Means-end theory in the creator of a tourism-coordinated value chain that integrates the concept of memorable tourist experience, perceived value, affective commitment, storytelling behavior and destination loyalty. This study used Means-end theory approach by reviewing perceived value in understanding memorable tourist experience and post-experience behavior (perceived value, tourist satisfaction, affective commitment, storytelling behavior and destination loyalty). In particular, this research examined the influence of variable memorable tourist experience, perceived value, tourist satisfaction, affective commitment, and storytelling behavior on destination loyalty.Design/Methodology/Approach: The population of this research was all tourists who had visited the tourist attraction of Borobudur temple, Magelang Regency, Central Java, Indonesia. The number of samples used was 437 people who were selected with certain considerations, namely tourists who had visited Borobudur Temple at least once. Data collection was carried out in August-October 2020 using google form. This research used SEM analysis tool which was operated by the AMOS application.Finding: The results showed memorable tourist experience that had significant effect on Perceived Value, Storytelling Behavior, Affective Commitment, and Destination Loyalty. Simultaneously, Perceived Value had a significant influence on Storytelling Behavior, Affective Commitment, and Destination Loyalty. Secondly, Storytelling Behavior also had significant effect on Destination Loyalty.Research Limitation/Implications: This research had limitations in sample selection. The sample of this research was tourists who had visited Borobudur temple because the variable used in this research was memorable tourist experience. Ideally, respondents were travelers whose visit time was close to the time of data collection. However, at the time of data collection, the management of Borobudur temple closed tourist access due to the Covid 19 pandemic; thus, the samples used were tourists who had visited Borobudur Temple before the Covid 19 pandemic. Further research is recommended whenever using variable of memorable tourist experience. It is better to use sample of tourists who have visited the destination with a close distance between the visit to the destination and the time of data collection.Practical Implication: The benefits obtained by tourists were illustrated by the perceived value provided by the destination. Therefore, tourism destination managers and marketing staff must focus on the key variable forming perceived value, namely memorable tourism experience. Experience and memorable tourism experience were the main products of the destination. Destination managers and marketers should have a better understanding of tourist needs. They must analyze whether they had created a memorable tourism experience that could create value for tourists.Original Value: The research of the influence of memorable tourist experience, perceived value, tourist satisfaction, affective commitment, and storytelling behavior variable on destination loyalty was the novelty of this research. In addition, the use of the Means-end theory approach to analyze research results was also novelty in this research.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JSB/article/view/18454
10.20885/jsb.vol26.iss1.art3
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 36-56
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/18454/11863
https://journal.uii.ac.id/JSB/article/view/18454/13158
Copyright (c) 2022 Eny Endah Pujiastuti, Adi Soeprapto, Susanta Susanta, Humam Santosa Utomo, Aninda Maharaniputri
oai:ojs.jurnal.uii.ac.id:article/18710
2022-01-07T14:41:27Z
JSB:ART
driver
Perceived risk and its role in the influence of brand awareness on purchase intention: study of Shopee users
Rahmi, Sri
Ilyas, Gunawan Bata
Tamsah, Hasmin
Munir, Abdul Razak
Brand awareness
Perceived risk
Purchase intention
Theory of Planned Behavior
Purpose: This research aimed to analyze the role of perceived risk in the relationship between brand awareness and purchase intention. This research is important because the perceived risk of online purchasing can influence consumer purchasing behavior.Design/methodology/approach: This research used an explanatory study with a quantitative approach. The research was conducted on 112 Shopee users in Makassar City. Data were collected through an online questionnaire. The data collected were analyzed using the Structural Equation Modelling (SEM) with the AMOS application and the Sobel Test to test the indirect relationship.Findings: Risk, financial risk, time risk, delivery risk, and privacy risk were essential elements forming perceived risk. Brand awareness had a positive influence on purchase intention. Perceived risk was a variable that mediated the influence of brand awareness on purchase intention.Originality/value: The results of this research indicated that the more aware consumers are of a brand, the negative perceptions of the brand will appear due to the ease with which information was disseminated and accepted by consumers. Perception of risk is a factor that can reduce consumer buying interest. Consumer purchase intention towards a known brand will decrease if the brand is perceived as having a high risk.Research limitation: This research was conducted on most students who did not yet have stable financial capabilities. For further studies, we suggest using respondents who have better financial ability to provide a more tangible measurement of purchasing ability.Practical implication: Results showed that perceived risk could reduce the influence of brand awareness on purchase intention. Thus, minimizing risk, ensuring the absence of perceived negative things before choosing a brand, and ensuring consumer comfort in using a brand were factors encouraging purchase intention.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/pdf
https://journal.uii.ac.id/JSB/article/view/18710
10.20885/jsb.vol26.iss1.art7
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 97-109
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/18710/11867
https://journal.uii.ac.id/JSB/article/view/18710/13171
Copyright (c) 2022 Sri Rahmi, Gunawan Bata Ilyas, Hasmin Tamsah, Abdul Razak Munir
oai:ojs.jurnal.uii.ac.id:article/18813
2022-01-07T14:41:18Z
JSB:ART
driver
Audit quality, audit committee, media exposure, and Corporate Social Responsibility
Rawi, Rawi
Muchlish, Munawar
Corporate social responsibility
Purpose: The specific purpose of this research can be developed more specifically to identify the influence of audit quality, audit committee, and media exposure on Corporate Social Responsibility. Corporate Social Responsibility is a social responsibility that is beneficial for the company itself, the local community as well as the community in general. Corporate Social Responsibility is basically a form of obligation and commitment of the company to pay attention to the interests of stakeholders for the sake of sustainable economic development in improving the quality of life.Design/methodology/approach: This research used secondary data in the form of annual report of basic and chemical industry manufacturing companies listed on the Indonesia Stock Exchange from 2015 to 2019, with data sources accessed from www.idx.co.id. The sample withdrawal in this research used Purposive Sampling method which is a technique of determining samples with certain considerations, samples used as many as 120 samples. The analysis method used multiple linear analysis and t-test hypothesis.Findings: The results showed that Audit Quality, Audit Committee, and Media Exposure had a partial positive effect on Corporate Social Responsibility. CSR is a form of commitment to business activities to act ethically, contribute to economic development, and improve the quality of life of workers and communities.Research limitations/implications: The implications of research results, the higher the audit quality, the larger the number of audit committees and the higher the intensity of using the website in media exposure at the company, the greater the company in CSR disclosure.Practical implications: Practical implications for investors, that the integrity of financial statements can be trusted by investors as investment decision making, while for companies/management, will get a positive value from the public regarding broad CSR disclosures.Originality/value: This research is different from the previous research on the object of research and the most recent observation throughout the year. Thus, it can add the latest CSR research references by the development of CSR.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/pdf
https://journal.uii.ac.id/JSB/article/view/18813
10.20885/jsb.vol26.iss1.art6
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 85-96
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/18813/11866
https://journal.uii.ac.id/JSB/article/view/18813/13178
Copyright (c) 2022 Rawi, Munawar Muchlish
oai:ojs.jurnal.uii.ac.id:article/19143
2022-07-12T09:08:06Z
JSB:ART
driver
Creation of competitive advantage in improving the business performance of banking companies
Patrisia, Dina
Linda, Muthia Roza
Abror, Abror
Innovation
Intellectual Capital
Knowledge Management
Competitive Advantage
and Business Performance
Purpose – This study aimed to examine the impact of innovation, intellectual capital and knowledge management, and competitive advantage on business performance.
Design/methodology/approach – This study was conducted in Padang City, West Sumatra, Indonesia. The respondents are bank employees who have worked for more than five years and have structural positions in the company. The data has been collected using a survey with questionnaires. This study got 109 responses out of 135 questionnaires, so the response rate was 80.7%. It employed the Structural Equation Modeling (SEM) approach using Smart-PLS as the data analysis software.
Findings – This study found that (1) innovation has a positive and significant effect on competitive advantage; (2) knowledge management has a negative but insignificant effect on competitive advantage; (3) intellectual capital has a positive and significant effect on competitive advantage; and (4) competitive advantage has a positive and significant effect on business performance. Surprisingly, it found that innovation significantly indirectly affects business performance through competitive advantage as a mediating variable. Intellectual capital has a significant indirect effect on business performance through competitive advantage as a mediating variable.
Research limitations/implications – This study result can be more impactful considering several factors. First, this study is a cross-sectional study. Hence, it has a limitation in finding generalizations. Therefore, for further research, it could be expanded to a longitudinal study. Second, it is one country study. Future research might be extended to some countries with similar cultures, such as Southeast Asian Countries.
Practical implications – This study has implications for the decision-makers. First, companies need to develop their intellectual capital through improving employee skills and applying information technology in business processes in order to maintain the company's competitive advantage so that it has an impact on improving the company's business performance. Second, the company is expected to be able to manage the knowledge owned by the company so that the knowledge it has can increase the creation of company innovation it provides a competitive advantage for the company.
Originality/value –The contribution of this research is that the results of this study can be used as empirical evidence for banking companies of the importance of the role of IC, innovation, and KM in improving company performance by constantly creating the company's competitive advantage.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/19143
10.20885/jsb.vol26.iss2.art1
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 121-137
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/19143/13829
Copyright (c) 2022 Muthia Roza Linda, Dina Patrisia, Abror Abror
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/19578
2022-01-07T14:37:27Z
JSB:ART
driver
Gender and generation gaps in government organization: does it affect work engagement?
Kismono, Gugup
Hanggarawati, Utilithia Banguningsih
work engagement
vigor
dedication
absorption
Baby Boomers
Generasi X
Generasi Y
gender
Purpose: This research proposed to evaluate the differences between generations and gender work engagement. This evaluation is strategically needed to clarify the debate related to the issue of work engagement. The clarification based on research findings involving respondents from different context is necessary to improve ecological validity. It is also important since the evidence obtained through this research is useful for improving the effectiveness of human resources policies.Design/Methodology/Approach: The data were collected through self-administered questionnaire involving 128 respondents from a specific context of government organization. There were 17 items used to represent work engagement. The measurement was adapted from UWES-17. ANOVA and independent sample t-test were conducted to test the influence of generations and gender on the total of work engagement and its three dimensions.Findings: Results showed that generation and gender influence work engagement. Baby Boomers indicated the strongest work engagement. Generation Y showed the lowest work engagement. Men exhibited higher work engagement than women. However, further evaluation on the dimensions of work engagement showed interesting findings. Baby Boomers did not significantly differ from their counterpart of generation X on any dimensions. Generation X consistently differed from generation Y in all dimensions. Regarding gender and the dimensions of work engagement, only absorption showed insignificant different. In general, the findings of this research was align with the theory of social exchange as well as antithesis of burnout.Research Limitation/Implications: The data were collected from the government officials. It is limited that it may not capture the employees’ characteristics from business organization. Generalization may also be limited. However, this specific context may offer a valuable perspective related to the situation in which seniority is important point in considering career decision made by the organization. In addition, the measurement used in this research adapted from UWES-17. Research showed that different work engagement measurement applied in diverse culture may result in inconsistent findings. A comprehensive research was necessary to evaluate the measurement that was relatively free from cultural influences.Practical Implications: This research offered an interesting recommendation in relation with organizational policies to improve work engagement and its dimensions. Based on this research findings, organizations may consider emphasizing on human resources policies which was suitable for generation Y to improve work engagement. Moreover, work-life balance to improve the level of women work engagement was also recommended.Originality/Value: This research was contributed to evaluate the impact of generations and gender on work engagement and its dimensions. Research involving specific context as government officials was rare. The result may be crucial to avoid developing organizational policies that were based on research findings that came from irrelevant contexts.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/19578
10.20885/jsb.vol26.iss1.art1
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 1-22
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/19578/11861
Copyright (c) 2022 Utilithia Banguningsih Hanggarawati, Gugup Kismono
oai:ojs.jurnal.uii.ac.id:article/19925
2022-01-07T14:37:35Z
JSB:ART
driver
Can credit quality as a moderating variable in increasing profitability: study on conventional commercial banks listed on the Indonesia stock exchange
Sriyono, Sriyono
Nabellah, Ana
Capital Adequacy Level
Credit Distribution
Profitability
Credit Quality.
Purpose: Increasing Profitability is necessary for a business so that business activities can still exist. Many previous studies have examined this matter. However, none have used credit quality as a moderating variable. This study aims to determine whether credit quality can be moderated to increase profitability.Methodology: The population used is Conventional Commercial Bank Companies listed on the Indonesia Stock Exchange. The sample of this research is 80 conventional commercial bank companies listed on the Indonesia Stock Exchange. The sampling technique uses purposive sampling—data analysis using Partial Least Square with Smart PLS 3.0 software.Finding: The result found a relationship between Capital Adequacy Level, Credit Distribution, Credit Quality, and Profitability. It showed that the level of capital adequacy has a positive effect on profitability. Credit quality cannot moderate the relationship between capital adequacy and lending to profitability.Research limitation/Implication: This research was only conducted on conventional banks listed on the Indonesian stock exchange. The variables studied are only limited to financial factorsPractical Implication: The management will understand that the strategy to increase profitability does not require credit quality support through the research results. The use of moderating variables is expected to provide a new model for increasing profitabilityOriginality: In increasing profitability, the researcher offers a new model by using credit quality as a moderating variable.Keywords: Capital Adequacy Level, Credit Distribution, Profitability, Credit Quality.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/19925
10.20885/jsb.vol26.iss1.art2
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 23-35
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/19925/11862
Copyright (c) 2022 Sriyono, Nabellah
oai:ojs.jurnal.uii.ac.id:article/20056
2022-07-06T03:11:01Z
JSB:ART
driver
The determinants of working capital management in Indonesia and the Philippines
Tjandra, Cynthia Kartika
Murhadi, Werner R.
Herlambang, Arif
working capital
operating cash flow
profitability
growth opportunities
asset tangibility
debt
Purpose: This study aims to analyze and identify determinants of working capital of manufacturing firms listed on Indonesia and the Philippines Stock Exchanges. This study focuses on working capital because firms with inadequate working capital may experience operational difficulties and lead to financial distress. Thereby, firms must have adequate working capital.Design/Methodology/Approach: The study employed panel data, with the final sample for Indonesia was 630 years of observation, while for the Philippines, the sample used was 210 years of observation. The sample of the study was manufacturing firms listed on Indonesia and the Philippines Stock Exchanges.Findings: The study results in the Indonesian sample show that profitability and growth opportunities have a significant positive effect on working capital. Asset tangibility, firm age, and leverage have a significant negative effect on working capital. While operating cash flow and firm size have no effect on working capital. In comparison, the results in the Philippines sample show that profitability has a significant positive effect on working capital. Asset tangibility and leverage have a significant negative effect on working capital. While operating cash flow, growth opportunities, age, and firm size have no effect on working capital.Research Limitations: This study has limitations, namely observations done only on manufacturing firms listed on Indonesia and the Philippines Stock Exchanges. Further research can use a sample with broader coverage in the service sector and expand variables that might affect working capital requirements, especially in the Covid-19 pandemic.Practical Implications: For a firm’s decision-makers, this present study can be used as a reference in making decisions related to working capital management. Bad decision-making in determining the amount of working capital may lead to high capital costs and financial distress.Originality/Value: What factors affect the amount of working capital is an attractive topic for many researchers today. Poor working capital management will result in a firm not being able to meet its maturing obligations and may lead to financial distress. The use of samples in developing countries, namely Indonesia and the Philippines, that is relatively similar, making this present study unique. By using samples in developing countries, this study can investigate differences in results between developing countries.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/20056
10.20885/jsb.vol26.iss1.art8
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 110-120
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/20056/11868
Copyright (c) 2022 Cynthia Kartika Tjandra, Werner R. Murhadi, Arif Herlambang
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/20104
2022-07-12T09:10:24Z
JSB:ART
driver
Moderating role of customer value on the effect of animosity, ethnocentrism and religiosity toward purchase decision: study on Chinese cosmetic
Asyhari, Asyhari
Yuwalliatin, Sitty
Animosity
Ethnocentrism
Religiosity
Customer Value
Purchase Decision
Purpose – This study aims to examine the moderating role of customer value on the relationship between animosity, ethnocentrism, and religiosity on purchasing decisions of Chinese brand cosmetics.
Design/methodology/approach – This study used a quantitative research design. Selected 150 millennial in the city of Semarang as samples was taken using the purposive sampling technique. The data were analyzed using a moderated PLS-SEM.
Findings – The results showed that hostility, ethnocentrism, and religiosity had a negative and significant effect on purchasing decisions. The study also found that customer value actually becomes a moderator that can weaken the relationship between these three variables on purchasing decisions.
Research limitations/implications – Data were collected from millennial in the city of Semarang. This condition causes limitations as it may not capture reflections from other age groups that are different from the sample. Thus, further marketing studies are needed with comprehensive respondent characteristics, increasing the number of samples, and including other moderating variables such as the level of customer trust.
Practical implications – The empirical findings of the current study help international businesses in understanding negative factors as antecedents of purchase decisions. This will be useful in planning marketing activities and efforts to increase market share. In addition, managers can consider the customer value to gain the trust of customers.
Originality – The study on the negative influence of animosity, ethnocentrism, and religiosity on purchase decisions in Indonesia is very limited. This study focuses on explaining the importance of customer value as a moderating factor, in anticipation of the negative relationship. This study contributes to multinational companies understanding the consumer purchase decision.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/20104
10.20885/jsb.vol26.iss2.art2
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 138-153
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/20104/13830
Copyright (c) 2022 Asyhari Asyhari, Sitty Yuwalliatin
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/20245
2022-01-07T14:41:10Z
JSB:ART
driver
Risk mitigation in supply chain management process: procurement using house of risk method at PT. Pertamina EP Asset 4
Handayani, Wiwik
Rabihah, Syahda Elma
Purpose: The purpose of this research is to identify and manage risks in the procurement of goods and services at PT. Pertamina EP Asset 4. The procurement process is an important thing that might affect the business processes of a company, therefore risk management is required to avoid obstacles and problems in a company.Design/methodology/approach: This study uses House of Risk method, where the risks are identified through mapping the procurement process of goods and services. Employing a descriptive approach with mixture of qualitative and quantitative, through questionnaires and interviews as well as data processing from the HOR method using Microsoft excel.Findings: The findings in this study contain mitigation action strategies sorted by implementation where appropriate to the needs and resources of the company so that the identified risks can be prevented as much as possible.Research Limitation/implication: in this study, the method used ignores the dependency between risk events in fact dependency can occur. It is expected that in the study of the continued can be taken into account.Practical Implication: Risk is inevitable but can be minimized, identifying risks with risk management is periodically needed to initiate changes in procurement that can pose other risks.Originality/Value: In this study identified several mitigation recommendations that are sorted from the difficulty level of implications so that companies can reduce the incidence of risks in procurement by providing a new outlook in accordance with the characteristics of risk.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/20245
10.20885/jsb.vol26.iss1.art5
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 70-84
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/20245/11865
Copyright (c) 2022 Wiiwk Handayani, Syahda Elma Rabihah
oai:ojs.jurnal.uii.ac.id:article/20982
2022-07-12T07:09:43Z
JSB:ART
driver
Open innovation in SMEs a bibliometric literature review using VOSviewer
Nuryakin, Nuryakin
Ngetich, Brian Kiprop
Krishna B, Valent
SCOPUS
VOSviewer
Bibliometric review
Open Innovation
SMEs
Purpose – The focus of this study is to evaluate the features of open innovation using data accessed from the Scopus online database. We are looking at two keywords: open innovation and SMEs.
Design/methodology/approach – The study measured a bibliometric analysis of 1,214 articles from 157 journals during 2007-2020.
Findings: The findings showed that the publication trend on open innovation kept increasing. The most cited article was Open Innovation in SMEs: Trends, Motives, and Management Challenges by Van de Vrande with 1,107 citations, followed by Lee et al. with 699 citations. The publication journal with the highest citation was Technovation and Research Policy. The United Kingdom and Italy were in the top-ranking countries for publications on this topic. The document citation category showed that Belgium ranked the highest with 1,990, followed by the Netherland with 1,212.
Research limitation/implications: This study provides a literature search on open innovation and has several limitations that require future study recognition. These limitations include that databases are limited to sources originating from one database only in data collection and data synthesis.
Practical implications: The practical implications provide benefits about open innovation, which can help SMEs understand open innovation and apply it as their preferred strategy in developing business. This study also allows SMEs owners and managers to understand open innovation as a strategic choice to consider as the concept is a part of the strategic intervention for their business.
Originality/value: This study provides the most influential contribution and impact on the research interest of open innovation that develops from various fields, including leading researchers and their home countries. Second, a co-citation analysis addressed the second question in this research study.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/20982
10.20885/jsb.vol26.iss2.art3
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 154-171
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/20982/13831
Copyright (c) 2022 Nuryakin - Nuryakin, Brian Kiprop Ngetich, Valent Krishna B
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21179
2022-07-12T07:09:41Z
JSB:ART
driver
Knowledge of COVID-19 and online purchase intention: the role of health protocol and fulfilment
Sukardi, Sukardi
Ismanto, Deny
Knowledge of COVID-19
health protocol
fulfilment
online purchase intention
Purpose – This study analyses the relationship between knowledge of COVID-19 and the application of health protocols, fulfilment in the pandemic era and online purchase intention. This study also analyses the effect of health protocol and fulfilment on online purchase intention.
Design/methodology/approach – This study is a quantitative study with a student population in Yogyakarta. From the total population, 170 respondents were taken by random sampling method. The data in this study are primary data obtained through the distribution of questionnaires. From the data obtained, analysis was carried out using the Structural Equation Model method using Partial Least Square with Smart-PLS software.
Findings – The results of the analysis in this study indicate that knowledge of COVID-19 is able to have a significant influence on the implementation of health protocols and fulfilment, but knowledge of COVID-19 is not able to significantly influence online purchase intention. The results of the analysis also state that the health protocol is not able to have a significant effect on online purchase intention in students, while fulfilment is able to provide a significant influence on online purchase intention.
Research limitations/implications – For further research, it is expected to be able to examine more deeply online purchase intentions across generations and compare them. Further research is also expected to include several other variables that have a role in online shopping behaviour.
Practical implications – The results of the analysis in this study also provide recommendations for business people in this pandemic era to emphasize online buying and selling services. Online marketing is also more recommended because the more people understand about COVID-19, the less they do activities outside the home, so the most effective marketing is through social media which is accessed by the public every day.
Originality/Value – In contrast to previous studies, this study proposes a model of people's behaviour in shopping online. The analysis in this study formulates the relationship between knowledge of COVID-19, health protocol, fulfilment and online purchase intention.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/21179
10.20885/jsb.vol26.iss2.art6
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 197-209
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/21179/13840
Copyright (c) 2022 deny deny deny
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/21515
2022-01-07T14:40:59Z
JSB:ART
driver
Application of the edu finance model to improve financial literature in creative industry in Sidoarjo district
Purwanto, Eko
Anwar, Muhadjir
Financial Literacy
Creative Industry.
Purpose: This research aimed to observe the development of SMEs problems that related with financial knowledge. The importance of educating SMEs in a systematic, integrated and sustainable manner regarding financial literacy is expected to be able to build a strong business foundation which is very much needed. Increasing financial literacy is expected to contribute to financial system stability, reduce vulnerabilities in the financial system and make effective decisions on financial resources.Design/methodology/approach: The data were collected through self-administered questionnaire. There were 14 items used to edu finance and financial literature . The research design used in this research is quantitative research because it uses data in the form of numbers in descriptive statistical analysis. The results of these calculations will then be compared with the criteria for the level of financial literacy according to Chen and VolpeFindings: The results of this study indicate that based on the five variables that use the financial literacy level of SMEs, women are in the low category. Therefore, an appropriate model is needed to increase financial literacy knowledge in creative industry SMEs in Sidoarjo District, by prioritizing the importance of planning and evaluation that produces feedback for improving financial literacy.Research limitation/implications: The data were collected fromMSME creative industry sector in Sidoarjo District. It is limited in that it may not have captured the reflections of MSME creative industry sector in Indonesia that maybe differed from the sample used. Practical implications: The condition of SMEs in the creative industry sector in Sidoarjo District currently still has limitations with various problems. The limitations experienced include financial skills, and financial behavior, limited access to information and technology. Therefore, financial literacy is crucial for SMEs to improve their business performance. Several studies have been conducted to prove that financial literacy contributes to the improvement of MSME performanceOriginality/value: This research contributed to identifying how respondents need a Systematic, integrated, and sustainable education for SMEs regarding financial literacy is needed to build a strong business foundation.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2021-12-22
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
application/vnd.openxmlformats-officedocument.wordprocessingml.document
https://journal.uii.ac.id/JSB/article/view/21515
10.20885/jsb.vol26.iss1.art4
Jurnal Siasat Bisnis; VOL 26, NO 1 (2022); 57-69
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/21515/11864
https://journal.uii.ac.id/JSB/article/view/21515/13437
Copyright (c) 2022 Eko Purwanto, Muhadjir Anwar
oai:ojs.jurnal.uii.ac.id:article/22387
2022-07-12T07:59:50Z
JSB:ART
driver
The effect of destination attractiveness on destination attachment and its impact on tourist sustainable behavior
Pratminingsih, Sri Astuti
Johan, Ahmad
Salsabil, Imanirrahma
Tourism Attraction
Destination Attachment
Tourist Sustainable Behavior
Purpose – In gaining competitive advantage in the tourism context, Bandung City needs a good marketing strategy. This study aims to determine the influence of destination attractiveness on destination attachment and its impact on tourist sustainable behavior in Bandung, West Java.
Design/methodology/approach – This study used a descriptive verification approach. The number of samples is 151 tourists who were randomly selected using incidental techniques. The data analysis is carried out using SEM with Amos 22 software. The data were collected through questionnaire, notes and publication, and literature study.
Findings – The results of this study indicate that the attraction given by a destination directly influences tourists to make return visits. Destination attractiveness has an influence on destination attachment. This study also found that the mediating effect of the tourist destination attachment on the relationship between destination attractiveness and sustainable behavior is very small.
Research limitations/implications – Future research is suggested to consider other variables that are able to mediate the influence of tourist attraction on return visits or sustainable behavior.
Practical implications – As destination attractiveness positively affects sustainable behavior of tourist, this study provides insight for the government of Bandung city to make a good marketing strategy in order to create a competitive advantage in their destination.
Originality/value – This study answers to the suggestion from previous studies to identify and examine the mediators relevant to the attitude-behavior relationship in the context of tourism research.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/22387
10.20885/jsb.vol26.iss2.art8
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 222-234
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/22387/13842
Copyright (c) 2022 Sri Astuti Pratminingsih, Ahmad Johan, Imanirrahma Salsabil
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/22405
2022-07-12T07:09:37Z
JSB:ART
driver
The influence of cognitive biases on investor decision-making: the moderating role of demographic factors
Syarkani, Yofy
Alghifari, Erik Syawal
Investor Decision-Making
Overconfidence Bias
Illusion of Control Bias
Demographic Factors
Purpose – This study aims to see investor behavior in making investment decisions influenced by cognitive biases, namely overconfidence bias and the illusion of control bias by looking at the situational factors such as age, gender, and education.
Design/methodology/approach – This study is conducted using a quantitative method by distributing a questionnaire. The questionnaires are measured using a 5-point Likert scale. The samples are taken from the population of individual investors in Bandung, West Java, with a number of 100 respondents.
Findings – The results of this study prove that: (1) Illusion of control bias has an influence on investors’ decision-making, (2) Gender and education moderates the influence between the illusion of control bias on investor decision-making, (3) Age does not moderate the influence between the illusion of control bias on investor decision-making, (5) Overconfidence bias has an influence on investor decision-making, (6) Gender moderates the influence between overconfidence bias on investor decision-making, and (7) Age and education do not moderate the influence between overconfidence bias on investor decision-making.
Research limitations/implications – The population in this study is limited to individual investors in Bandung. Future studies can conduct research in a similar direction using other populations, or focusing on a certain population, to ensure the generalizability of the results.
Practical implications – Investors should be aware of cognitive biases while making decisions to invest. The biases can occur whether the investors realize it or not. Therefore, it would be useful for them to understand their cognitive biases so that investors can act rationally while making investment decisions.
Originality/value – This study fills the research gap from the previous studies by examining the differences of investors' decision-making based on demographic factors, which are used as the moderating variables.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/22405
10.20885/jsb.vol26.iss2.art5
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 183-196
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/22405/13833
Copyright (c) 2022 Yofy Syarkani, Erik Syawal Alghifari
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/22695
2023-08-30T01:49:32Z
JSB:ART
driver
Factor analysis of young academician consumption behaviors toward organic food and it’s obstacles
Hidayat, Anas
Wijaya, Tony
eco-product
environment sustainability
green behavior
Purpose – This research aimed to explore environmentally friendly behaviors toward organic food consumption among the young academicians dominant in the higher education environment. This study also aims to explore the obstacles in consuming organic food qualitatively.
Design/methodology/approach – This research uses mix methods by combining two analytical methods. The population was academicians consuming organic food in Indonesia. This research employed the purposive sampling technique. The criteria used in this study determine the sample as young academicians who are still active in higher education, care about a health issue, and regularly buy products for daily consumption, or are called regular consumers. Primary data were collected through surveys using closed and open questionnaires. The study uses mix methods consisting of descriptive qualitative and factor analysis were used in the data analysis.
Findings – The results show that the factors influencing academicians' organic food consumption are responsibility for the environment, subjective norms, information or knowledge, the impact of consumption, behavioral control, and the values oriented towards nature. However, still aspects may become obstacles in consuming organic food, namely organic product price, availability, information or knowledge, and trust.
Originality/value – This research offers a study of consumption from young academics, which is not widely studied, even though young academics have an important role in environmentally-friendly behavior. This research also investigated several reasons that became obstacles to the young academician behavior of consuming organic food.
Research limitation – This research has several limitations, such as the variation of the sample. Cultural differences bring consequences for differences in environmentally friendly behavior because of the values that are different. Future research can compare the consumption behavior of young academicians based on the country and cultural differences.
Practical implication – Based on the findings, some practical recommendations for increasing environmentally friendly consumption are made through promoting organic consumption behavior's benefits and environmental impacts. Environmentally friendly teaching material needs to be considered part of the learning process to improve academic knowledge. Young academician can become promotional agents to shape environmentally friendly consumption behavior, especially organic products. Another contribution as an agent of change in behavior in the world of education is also acting as a segmentation pattern for academic groups.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-08-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/22695
10.20885/jsb.vol27.iss2.art1
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 118-134
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/22695/15519
Copyright (c) 2023 Anas Hidayat
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/23354
2022-07-12T07:09:34Z
JSB:ART
driver
Job insecurity to counter productive work behavior moderated leader-member exchange
Siswanti, Yuni
Job Insecurity
Counterproductive Work Behavior
Leader-Member Exchange
Purpose – This study aims to find out and analyze the influence of job insecurity on counterproductive work behavior (CWB) and test the quality of LMX as a variable moderation in employees in the creative culinary in Sleman Regency Yogyakarta.
Design/Methodology/Approach – The type of research used in this study is explanatory with a quantitative approach. The population of this study is employees in 18 creative industries in the culinary field in Sleman Regency, Yogyakarta. One hundred twenty-two respondents took the sample by the purposive method. The instrument Test used validity and reliability. Hypothesis testing uses simple regression and moderated regression.
Findings – Results show that job insecurity significantly affects counterproductive work behavior (CWB). LMX quality moderates the effect of job insecurity on CWB. The results of this study have theoretical and managerial implications and require further research.
Research Limitation/Implications – This study has limitations, namely: population collection is still minimal because SMEs are studied in only one district, the type of SMEs business and limited to culinary, cross-sectional data collection. Further research should be expanded in the scope of the population, not only in one district but expanded in other districts in Yogyakarta. The type of product produced by respondents in this study is the culinary field, so it should be extended to different SMEs types. Second, cross-sectional data collection of this study requires a more longitudinal design in the future to get better study results. Third, the study did not distinguish CWB in workers with permanent employee status and workers with contract employee status.
Practical Implications – Providing understanding to culinary SMEs to maintain good relations with all workers in the form of respecting workers, respect for the work of the men, establishing effective communication with workers under any conditions, trying their best for their men, and increasing the sense of belonging in the men.
Theoretical Implications – Academics and researchers have a perceptual understanding of the contribution of leader-member relationships (LMX) in lowering the influence of job insecurity on CWB (CWB-O) and (CWB-I).
Originality/Value – Authenticity of the study: Previous research that included LMX quality as a moderation variable between job insecurity and CWB is still very minimal. It shows that the theory reinforces the existence of LMX Theory that the high quality of LMX between leader-members has been characterized by an exchange of emotions based on mutual trust and respect. In contrast, the low quality of LMX relationships has the characteristics of economic exchange.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-07-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/23354
10.20885/jsb.vol26.iss2.art7
Jurnal Siasat Bisnis; VOL 26, NO 2 (2022); 210-221
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/23354/13841
Copyright (c) 2022 Yuni - Siswanti
http://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/24712
2022-12-19T04:21:08Z
JSB:ART
driver
Leveraging strategic intuition to reach firm performance: the role of entrepreneurial agility and environmental dynamism
Zulganef, Zulganef
Pratminingsih, Sri Astuti
Rianawati, Andri
Strategic intuition, entrepreneurial agility, environmental dynamism, firm performance
Purpose – This study was carried out to analyze the influence of strategic intuition on firm performance through the role of entrepreneurial agility as mediator and environmental dynamism as a moderator.
Design/methodology/approach – This study was conducted using quantitative approach. The number of samples in this study was 280 SMEs actors in Bandung, West Java. The data in this study was collected by distributing questionnaire to the respondents. The data obtained was then processed and analyzed using Structural Equation Modelling with Partial Least Square, using Smart-PLS software.
Findings – The findings of this study proved that: (1) Strategic intuition positively influenced firm performance; (2) Strategic intuition positively influenced entrepreneurial agility; (3) Entrepreneurial agility positively influenced firm performance; (4) Environmental dynamism negatively moderated the relationship between strategic intuition and entrepreneurial agility; and (5) Environmental dynamism negatively moderated the relationship between entrepreneurial agility and firm performance.
Research limitations/implications – This study attempted to understand the concept of entrepreneurship in a dynamic environment using entrepreneurial agility as one of the constructs, and linked it with firm performance. However, this study had not yet differed the respondent based on their business type. Future studies can analyze further about the phenomenon that occurred within different kind of business using different level of analysis, such as comparing the condition within and between group of entrepreneurs.
Practical implications – This study provided contributions to SMEs actors in Bandung, as it can be a consideration for the way they run their business within a volatile business environment.
Originality/value – This study was giving a deep understanding of strategic intuition on firm performance with the mediation role of entrepreneurial dan moderator role of environmental dynamism in the scope of SMEs.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/24712
10.20885/jsb.vol27.iss1.art4
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 49-60
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/24712/14489
Copyright (c) 2023 Zulganef Zulganef, Sri Astuti Pratminingsih, Andri Rianawati
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/24739
2022-12-19T04:21:05Z
JSB:ART
driver
Hikmah knowledge capture insolvency on MSME responsibility and financial performance
Widiastuti, Anna
Khajar, Ibnu
Ghoniyah, Nunung
Entrepreneurial orientation, innovativeness, risk taking, proactivity, hikmah knowledge capture insolvency, financial responsibility, financial performance
Purpose – This study aimed to determine the extent to which the model of Hikmah Knowledge Capture Insolvency can be used as a solution in increasing knowledge and understanding good business financial management as a form of financial accountability in realizing better financial performance in addition to fill research gaps from previous research results.
Design/Methodology/Approach – Respondents of this study were ATBM Weaving SMEs in Central Java. Researchers took three regencies as research objects, namely Jepara Regency, Pemalang Regency and Klaten Regency. A total of 110 respondents were selected by purposive sampling technique. The data was analyzed by using the Structural Equation Modeling (SEM) analysis technique with the application of Analysis Moment of Structural (AMOS.24).
Finding – The results of the study explained that the dimensions of entrepreneurial orientation in this research variable included innovativeness, risk taking and proactivity. These variables supported the realization of financial responsibility and financial performance through understanding the conditions of liquidity difficulties (Hikmah Knowledge Capture Insolvency).
Research Limitation/Implication – The measurement of Hikmah Knowledge Capture Insolvency in business financial management is only limited to SMEs weaving specifically ATBM.
Practical Implication – The realization of financial responsibility in entrepreneurship orientation through the Hikmah Knowledge Capture Insolvency.
Originality/Value – Using the basis of Capital Structure Theory, Knowledge Management through the concept of the Integrated Knowledge Management Cycle, and the values of Hikmah, the framework of this study is directed to address the influence between entrepreneurial orientation to financial performance through realization of Hikmah Knowledge Capture Insolvency and financial responsibility.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/24739
10.20885/jsb.vol27.iss1.art3
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 31-48
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/24739/14488
Copyright (c) 2023 Anna Widiastuti, Ibnu Khajar, Nunung Ghoniyah
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/24787
2022-12-19T04:21:03Z
JSB:ART
driver
Religio-centric Product Strategic: Halal Literacy and Brand Management Capabilities Towards Business Performance
Soeherman, Achmad Daengs Gatot
Panjaitan, Roymon
Religio-centric product strategy, halal literacy, brand management capabilities, business performance, religious commitment
Purpose – This study aims to explore a new model concept finding that can bridge the research gap of halal literacy relationships, brand management skills that are centralized to religio-centric product strategies and the commitment to diversity as a function of moderation.
Design/methodology/approach – Quantitative methods were used to collect data from a total of 186 respondents with PLS-SEM, instruments used with questionnaires and interviews taken randomly from a population of 320 spread across the island of Java.
Findings – This concept is a novelty in efforts to improve business performance based on the religious nature of centrists in determining product strategies. Furthermore, the growth of product brand innovation is increasingly dynamic, demanding the participation of religion in leading competitive brands and the dissemination of halal literacy
Research limitations/implications – In the meantime, in-depth research has not yet been carried out on other dimensions of the function of the previous variable religio-centric product strategy, such as halal marketing innovation capabilities and information technology configuration of halal product literacy.
Practical implications – the application of a religion-centred marketing strategy is the company's ability to provide innovation in product strategy decisions that are committed to religious values and can be leveraged in current market understanding and future market forecasts. For stakeholders, this is a new faith-based business opportunity that can open up new segments in heterogeneous market demands.
Originality/value – To contribute ideas for knowledge about religious-product strategies and the ability of MSME businesses to spread the importance of halal brand products to customers and through attention on innovation strategies of customer religiosity product needs that are oriented to the needs of halal products customers.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/24787
10.20885/jsb.vol27.iss1.art7
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 86-105
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/24787/14492
Copyright (c) 2023 Achmad Daengs Gatot Soeherman, Roymon Panjaitan
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/24993
2022-12-19T04:21:00Z
JSB:ART
driver
Organizational culture and company values: a cross-sectional study on public companies in Indonesia
Andreas, Andreas
Gumanti, Tatang Ary
corporate culture, corporate value, charity
Purpose – This study examined the effect of corporate culture (the availability of corporate pages on the website of the company) on the corporate value (Tobin’s Q) of the companies listed on the Indonesia Stock Exchange.
Design/methodology/approach – The study uses secondary data extracted both from the company website and the financial reports for the year 2019. There are 530 companies that met the selection criteria. The hypothesis is tested using the cross-sectional ordinary least square (OLS) regression.
Findings – The results show a modest positive effect of corporate culture on corporate value. The robustness test reveals that the finding is more pronounced among small companies. The study also includes four other variables, namely employee activities, employee training programs, honors earned, and charity programs. It was found that only honors earned have a significant positive effect on corporate value.
Research limitations/implications – This study uses a cross-sectional-based analysis, making it lack of capability to look for the multi-years effect of the variables being investigated. It measures Tobin’s Q using the end of the fiscal year stock price. Using one single day as the base of calculation may ignore the fluctuation of the stock prices over the whole year.
Practical implications – Given the findings, it is recommended that the company shall disclose and promote its corporate culture as a means of informing potential investors about the company’s strong commitment to doing business with a specific culture.
Originality/value – The study examines the issue using cross-sectional data and divides the sample based on the size of the companies allowing it to seek more evidence on whether the main issue under investigation is sensitive to the size of the company.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/24993
10.20885/jsb.vol27.iss1.art6
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 76-85
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/24993/14491
Copyright (c) 2023 Andreas Andreas, Tatang Ary Gumanti
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/25213
2022-12-19T04:20:58Z
JSB:ART
driver
Management accounting information system and intellectual capital: a way to increase SME’s business performance
Hariyati, Hariyati
Nuswantara, Dian Anita
Hidayat, Rendra Arief
Putikadea, Insyirah
Management accounting information system; Small Medium Enterprises; business performance, intellectual capital
Purpose – The paper aims to clarify the unclear relationship between management accounting information systems and SME business performance by having intellectual capital as mediating variable. This will expand the domain of management accounting information usage from SME’s perspective.
Design/methodology/approach – The paper used a descriptive study using the close-ended questionnaire distributed to 428 SMEs in East Java Region. The data were complemented by statistical analysis using SMART PLS to test the mediation role of intellectual capital.
Findings – The paper provided empirical evidence that intellectual capital plays as a quasi mediating for management accounting information system and business performance relationship. This encouraged SME to optimize their IT usage to maximize the benefit of implementing MAIS.
Research limitations/implications – Since management accounting system needs for business varied, future study needs to consider the level of IT usage. Therefore, future researchers are encouraged to investigate how to set the usage level.
Practical implications – The paper included implications for the development of higher level of IT usage, such as management accounting information system to gain the benefits, that is increased business performance.
Originality value – This paper filled the gap in IT usage from SMEs’ perspective by expanding the role of intellectual capital on the relationship of management accounting information systems on business performance.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/25213
10.20885/jsb.vol27.iss1.art5
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 61-75
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/25213/14490
Copyright (c) 2023 Hariyati, Dian Anita Nuswantara, Rendra Arief Hidayat, Insyirah Putikadea
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/25247
2022-12-19T04:20:56Z
JSB:ART
driver
Achieving employee environmental performance through perceived organizational support towards the environment: a mediated-moderation analysis: A Mediated-Moderation Analysis
Setyaningrum, Retno Purwani
Perceived organizational support for the environment, organizational citizenship behavior for the environment, environmental performance, individual green value
Purpose – This study aims to examine the effect of perceived organizational support for the environment (POSE) on environmental performance, by considering the mediating role of organizational citizenship behavior for the environment (OCBE) and the moderating role of individual green values.
Design/methodology/approach – This study used a quantitative approach with a sample of 215 respondents from manufacturing company employees and used purposive sampling technique. The data obtained were analyzed using conditional process analysis and SPSS-Process.
Findings – The results of this study indicated that POSE had a positive effect on environmental performance and proved that this influence can be found through the mediating role of OBCE. Then, the individual green value moderated the effect of POSE on OCBE, and the indirect effect of POSE on environmental performance through OCBE.
Research limitations/implications – The data in this study were only taken from one city in Indonesia in a cross-sectional manner; thus, it required research with longitudinal data to explore causality between variables.
Practical implications – The findings of this study can be a consideration for managers in manufacturing companies to understand the importance of improving environmental performance in companies and what factors influence it.
Originality/value – Research that uses POSE and OCBE as factors that determine environmental performance in manufacturing companies, especially in Indonesia, is still limited. In addition, this study also considers the moderating role of individual green values and contributes to provide an understanding of the importance of environmental aspects for companies.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/25247
10.20885/jsb.vol27.iss1.art2
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 17-30
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/25247/14487
Copyright (c) 2023 Retno Purwani Setyaningrum
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/25363
2022-12-19T04:20:53Z
JSB:ART
driver
The moderating effect of generations on the relationship between work values and affective commitment
Kismono, Gugup
Wulandari
generation, work values, affective commitment
Purpose –This study compared Generation X and Y's work values and affective commitment and explored if generation moderates the relationship. This research is needed to elucidate generational disparities in work values, affective commitment, and work values' impact on affective commitment. Validating the global generation theory requires research involving Indonesians from different industries.
Design/methodology/approach – Data was acquired from 630 self-administered questionnaires from various businesses. The instruments used to measure variables have a track record of validity and reliability and were adapted from that work. The Chow Method was used to calculate the generational influence on affective commitment.
Findings – The results demonstrated that Generation X and Generation Y in Indonesia had similar work values but differing affective commitment. Generation moderates the association between work values and affective commitment. This research reveals individuals with various life circumstances may still exhibit distinct character traits and value systems.
Research limitation/implications – The data may not capture the traits of all generations. Generalizations must be done with caution. Generation X and Y participants were not distributed proportionally. Prior research showed that the proportion of participants didn't alter the results, but future research may take distribution into account.
Practical implications – Job sector classifications and job characteristics that are suitable for Generation X and Generation Y can be developed by considering the generations' unique preferences for various value components of employment.
Originality/value – This study added to our understanding of how different generations approach and value work in different ways. The implications of this study's findings for confirming the global theory of generation regarding work values and affective commitment are substantial. The results of this research demonstrated the importance of taking cultural factors into account while dealing with employees of varying ages.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/25363
10.20885/jsb.vol27.iss1.art1
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 1-16
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/25363/14486
Copyright (c) 2023 Gugup Kismono, Wulandari
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/25386
2022-12-19T04:20:50Z
JSB:ART
driver
The moderating role of bank size: influence of fintech, liquidity on financial performance
Hermuningsih, Sri
Sari, Pristin Prima
Rahmawati, Anisya Dewi
fintech, liquidity, economic performance, bank size
Purpose – This study aims to examine the impact of fintech, liquidity, and bank size on financial performance in Indonesia's conventional commercial banks registered with the Financial Services Authority.
Design/methodology/approach – This study's population consists of Conventional Commercial Banks registered with OJK from 2012 to 2021. The research sample comprises conventional commercial banks using fintech between 2012 and 2021. Purposive sampling was used as a sampling technique. The data from 20 banks with 200 financial statement data show the hypothesis testing using SmartPLS software (PLS-SEM method).
Findings– The findings of this study show that fintech has a positive effect on financial performance, bank size is a moderating variable for the repercussions of fintech on financial performance, liquidity also has a positive impact on financial performance, and bank size is a moderating variable for the effectiveness of liquidity on financial performance.
Research limitations/implications- The theoretical implication of this research is that a large bank size follows a large liquidity ratio and that the bank's financial performance will tend to be large because the bank can cover its debts easily, which will have an impact on increasing the bank's profit. The greater the growth of Fintech, the better the bank's financial performance. This demonstrates that fintech benefits banks. Banks can increase their profits by implementing fintech. The implications of signaling theory for the effect of bank size on the influence of fintech and liquidity on financial performance. This is due to the public's perception that the information developed by Conventional Commercial Banks and published on the official website is reliable. As a result, people are interested in saving money in conventional commercial banks to improve the bank's financial performance.
Practical implications– Provide information and input to investors as a basis for making investment decisions related to variables that affect financial performance, especially in Conventional Commercial Banks.
Originality/value – This study fills the gap from previous research that is still inconclusive on the factors that affect financial performance. The novelty in this study is that bank size is used as a moderating variable to analyze whether bank size strengthens or weakens the relationship between financial technology, liquidity, and financial performance at Conventional Commercial Banks.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2022-12-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/25386
10.20885/jsb.vol27.iss1.art8
Jurnal Siasat Bisnis; VOL 27, NO 1 (2023); 106-117
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/25386/14493
Copyright (c) 2023 Sri Hermuningsih, Pristin Prima Sari, Anisya Dewi Rahmawati
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/27520
2023-09-19T05:46:16Z
JSB:ART
driver
The effect of premium income, expenses claim, and underwriting on profitability of Indonesia joint enterprises insurance companies
Markonah, Markonah
Riwayati, Hedwigis Esti
Kumalasari, Riska
Expense claim
premium income
underwriting results
profitability
Purpose – This research has purposes to scrutinize over the role of premium income, expenses claim and underwriting results towards profitability of Indonesia Joint Enterprises Insurance Companies.
Design/methodology/approach – The sample used is general insurance company that presents complete financial statements during 2018-2021 and listed by Otoritas Jasa Keuangan through its official website. Purposive sampling used as sampling technique with several samples are 48 data. Panel data regression used as analysis technique which then processed by Eviews-9 application.
Findings – Its results showed that only underwriting results which significantly affect on profitability, while the others variables such as premium income had significantly negative affect on profitability so did with the expense claims which turn out had no affect towards profitability. At the level of significance (α = 0.05), it has small effect, while at the significance level of (α = 0.10), the expense claims seem had significant negative affect on profitability of Indonesia general insurance industry.
Research limitations/implications – This research has certainly limitations such as the research object used relatively small only the joint general insurance companies which submitted complete financial reports which are listed by Otoritas Jasa Keuangan and followed by the company’s official website.
Practical implications – This research indicates that those companies are noticed about an increase in premiums, but on the other hand they have also received many claims, therefore those premiums will be diverted to finance the claims which occur lately, then this certainly would decrease an income or profitability of the insurance company itself.
Originality/value – This research also has a different research object and research period compared to previous research, therefore it can be used as a complement the research which have done before.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-09-19
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/27520
10.20885/jsb.vol27.iss2.art7
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 219-234
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/27520/15660
Copyright (c) 2023 Markonah Markonah, Hedwigis Esti Riwayati, Riska Kumalasari
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/27733
2023-09-13T03:11:16Z
JSB:ART
driver
Enhancing employee retention in the education sector: The role of training and satisfaction
Suryani, Ni Kadek
Santanu, Gede
Karwini, Ni Ketut
Corona virus disease
digital gap
Job satisfaction
online teaching
skill gaps
Purpose – This paper aims to examine the factors that influence employee retention and turnover in the education business sector.
Design/methodology/approach This research was conducted at private university in Bali, Indonesia. This study also include 115 lecturers and academic staff respondents. The data were collected by online questionnaire with a Likert scale of 5 and it was processed through the structural equation modelling-based partial least squares.
Findings – This study found that training is positively related with job satisfaction and employee retention, and negatively affects employee turnover.
Research limitations – This study is unable to generalize the issue due to the data collection that just from a single university, further studies may expand to cover additional demographics and industries for resulting more helpful and comprehensive results.
Practical implications – This study gives practice a crucial contribution as it provides valuable guidance on how universities develop and retain talent. Providing regular training companies can retain employees.
Originality/value – This result answers the research hypothesis and stated that the most crucial factor in determining the employees leaving is job satisfaction.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-09-06
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/27733
10.20885/jsb.vol27.iss2.art6
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 208-218
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/27733/15611
Copyright (c) 2023 Ni Kadek Suryani, G. Santanu, N. K. Karwinic
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/28760
2023-09-01T02:27:09Z
JSB:ART
driver
Unveiling the hidden power: How ESG enhanced Indonesian companies' financial flexibility
Yunica, Ayudya Shinta
Rofikoh Rokhim
ESG performance
financial flexibility
financial constraints
Purpose – The company’s investors and lenders increasingly see that ESG is an important aspect to implement and disclose that can determine their investment or lending decision. This decision can impact the firm's capital inflow and financing capability, which can affect the company's financial flexibility. This study aims to show the effect of ESG on financial flexibility and the mediating role of financial constraints.
Design/methodology/approach – This study used companies listed on the Indonesia Stock Exchange from 2015 to 2021 as a sample. The final sample included 233 unbalanced panel data points from 48 listed firms. Path analysis and Sobel test are used to test the mediating role of financial constraint.
Findings – The results revealed a notable positive influence of ESG performance on financial flexibility. However, both the path analysis and Sobel test findings indicated that financing constraints were unsuccessful in mediating the relationship between a company's ESG performance and financial flexibility, as the direct effect remained stronger.
Research limitations/implications – This study only use enterprises from Indonesia as samples. Secondly, this study applied conventional methodologies commonly used in the existing literature to quantify variables. Third, this study relied on Refinitive ESG rating data and did not compare the ESG ratings from multiple institutions.
Practical implications – This research's findings prove to company management that adopting ESG practices in Indonesia can positively influence cash flow and financial flexibility. As a result, it incentivizes companies to be more open to voluntarily disclosing ESG-related information.
Originality/value – Little research has discussed whether ESG affects financial constraints and financial flexibility in Indonesia. This study also studies the differences in the effect of ESG performance on financial flexibility directly and indirectly through financial constraint as a mediator, which has not been covered in previous studies.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-09-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/28760
10.20885/jsb.vol27.iss2.art4
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 171-187
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/28760/15593
Copyright (c) 2023 Ayudya Shinta Yunica, Rofikoh Rokhim
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/28805
2023-08-30T01:49:33Z
JSB:ART
driver
Customer satisfaction as a mediator between service quality and customer loyalty: a case study of Bank Central Asia
Tedjokusumo, Cleming
R. Murhadi, Werner
Service quality
customer satisfaction
customer loyalty
digital banking
Purpose – This study aims to examine the effect of service quality on customer satisfaction and the impact of customer satisfaction on customer loyalty among banking service users in Indonesia.
Design/methodology/approach – The population of this study consists of customers aged 18 years and above who use the mobile banking service provided by Bank Central Asia, one of the largest banking companies in Indonesia in terms of market capitalization. Purposive sampling was used to obtain a sample of 194 respondents who met the research criteria.
Findings – The results of this study indicate that the reliability, customer service and support, and responsiveness variables have a significant positive influence on customer satisfaction, while the privacy and security variable was found to have no significant impact on customer satisfaction. Additionally, customer satisfaction was found to have a significant positive effect on customer loyalty.
Research limitations/implications – The data for this study primarily came from East Java, Indonesia, highlighting the need for future research using longitudinal data to investigate the causal relationships between variables.
Practical implications – The findings of this study can provide valuable insights into the influence of electronic service quality on customer loyalty in the Indonesian banking industry. It offers banks a deeper understanding of consumer behavior and the crucial satisfaction factors that drive long-term decision-making in banking services.
Originality/value – This paper offers novelty by addressing the digitalization trend and competitive challenges faced by banking service providers in achieving customer satisfaction within the digital economic ecosystem. It specifically focuses on customers of Bank Central Asia, a leading banking company in Indonesia. The value of this paper lies in its insights for banking professionals, researchers, and policymakers in navigating the digital landscape and enhancing customer-centric digital banking services.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-08-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/28805
10.20885/jsb.vol27.iss2.art3
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 156-170
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/28805/15535
Copyright (c) 2023 Cleming Tedjokusumo, Werner R. Murhadi
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/28842
2023-11-27T06:53:27Z
JSB:ART
driver
Using interpretive structural modelling and quality cost model to solve project completion delay in shipyard case study in PT X
Susilawati, Ngurah Ayu Happy
Adhariani, Desi
root cause analysis
ISM
quality cost model
strategic cost management
shipyard management
Purpose – This research proposes an alternative method to solve completion delay issue and optimized the strategy using ISM technical method and Quality Cost Model application.
Design/methodology/approach – Data was acquired from 120 questions from company key persons that involved in project for last 5 years. The instruments processed using ISM analysis to measure the relationship among causes, then using Quality Cost Model to solve.
Findings – This research shows that factors of late payment from client, delays in bank credit processing, bad weather, and design changes by owners are the root causes of delays. Further analysis using the Theory of Constraint (TOC) shows that financial constraint issues influence the decreased throughput and increase operating cost. Further management use five sequential steps to improve the management and P-A-F models as one of strategic cost management tools applied to the root causes to determine the optimum cost strategy to solve the problem.
Research limitations/implications – This research was conducted using a case study method, and the conclusion related to problem and root cause may not be applied totally to other companies, but the framework may be applicable. Future research can investigate other issue using TOC framework, combine TOC with other models to conduct root cause analysis, and the COQ model implementation in shipyard management.
Practical implications – This research demonstrates that management can use Interpretative Structural Modelling (ISM) analysis to determine the root cause, then analyse and overcome the issues using TOC framework. COQ model approach to sharpening the decision, and prioritize the resources allocation.
Originality/value – This research combine ISM, TOC, and PAF Quality Cost Model approach for decision making which can be a management tool in strategic cost management.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-08-30
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/28842
10.20885/jsb.vol27.iss2.art2
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 135-155
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/28842/15534
Copyright (c) 2023 Ngurah Ayu Happy Susilawati, Desi Adhariani
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/29011
2024-01-29T04:26:12Z
JSB:ART
driver
Revealing the power play: Unraveling the dynamic environment's influence on intangible resources and sustainable competitive advantage
Rahmat, Muhammad Wadud
Intangible resources
sustainable competitive advantage
dynamic environment
residual method
Hayes method
Purpose – The objective of this study is to examine the impact of the dynamic environment on the relationship between intangible resources and sustainable competitive advantage in large and medium-sized manufacturing firms operating across various sectors.Design/methodology/approach – The research sample was selected using cluster random sampling, which is based on company size, namely large and medium-sized companies only, totalling 257 companies as the unit of analysis. A questionnaire was utilized to collect data. While the study employed residual technique and the Hayes (2012) method for variable assessment, the primary method used was a causal analysis.Findings – The findings indicate that the dynamic environment does not act as a moderating variable, implying that the sustainability of the organization is unaffected by the firm’s dynamic environment.Research limitations/implications – Research findings can play a pivotal role in corporate strategy, enabling companies to reach a sustainable competitive advantage by closely monitoring environmental changes. Practical implications – This research can assist companies in developing business strategies that are more adaptive to environmental changes, enabling them to actively monitor and identify emerging opportunities and threats. By doing so, companies can take appropriate steps to maintain their competitive advantage.Originality/value – Previous researchers have rarely conducted this research, primarily due to a lack of understanding on how to effectively connect dynamic environments with intangible resources in order to achieve sustainable competitive advantage.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2024-01-26
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/29011
10.20885/jsb.vol28.iss1.art1
Jurnal Siasat Bisnis; VOL 28, NO 1 (2024); 1-18
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/29011/16177
Copyright (c) 2024 Muhammad Wadud Rahmat
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/29183
2024-02-12T03:17:37Z
JSB:ART
driver
Profitability and dividend policy: How does free cash flow explain this relationship?
Januarsi, Yeni
Sanusi, Fauji
profitability
dividend policy
free cash flow
hierarchy moderating regression
LQ45
Purpose – This study aims to examine the possible explanations for the inconsistency between profitability and dividend policy association. It also aims to carefully investigate the explanations of the free cash flow regarding the profitability-dividend policy relationship while specifying the shape of the moderating variables.Design/methodology/approach –This study uses LQ45-listed enterprises as research sample and adopt hierarchical moderating analysis as our methods. This study also uses 10-year observations from 2012-2020 with 170 firm-years observations represented by 17 companies.Findings – The results showed a positive association between profitability and dividend policy, suggesting that higher profit was capable of inducing firms to provide more dividend payments for the stockholders. Furthermore, increasing free cash flow strengthened the profitability-dividend policy relationship and it play a role as a pure moderator between both variables. Research limitations/implications – As this study use LQ45 sample firms, the interpretation from the research funding should be carefully made and generalizations should be done with caution. Also, current study does not include managerial characteristics as potential factors to influence dividend policy due to data limitation. Practical implications – This study provide implication for managers by suggesting that the free cash flow condition of a company may be essential for deciding dividend payout policy when firms can create good profitability. Firms need to maintain its fee cash flow level to gain benefit as a driver to create favorable dividend policy for stockholders. Originality/value – This study adds essential contribution to the moderating role literature by distinguishing the type of moderating role of free cash flow on the relationship between dividend policy and profitability. In addition, this study also incorporates hierarchy regression analysis which is different from prior similar study.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2024-02-12
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/29183
10.20885/jsb.vol28.iss1.art4
Jurnal Siasat Bisnis; VOL 28, NO 1 (2024); 56-70
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/29183/16394
Copyright (c) 2024 Yeni Januarsi, Fauji Sanusi
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/29257
2023-09-01T04:28:51Z
JSB:ART
driver
The The business longevity of SMEs based on entrepreneurial orientation and government policies in facing disruption challenges
Bagis, Abdul Azis
Sukma, Akram
Nururly, Santi
Business longevity
entrepreneurial orientation
government policies
disruption challenges
Purpose ─ This paper aims to examine the role of entrepreneurial orientation for SMEs in building business continuity in eastern Indonesia and highlight strengthening government support for the sustainability of post-covid SME entities.
Design/methodology/approach ─ A random sampling approach was used to select the respondents, with closed questions used for a sample of 400 SME owner-managers in eastern Indonesia using the structural equation modelling technique (PLS-SEM).
Findings ─ The results show that the ability of SME owner-managers to build business longevity is determined more by their strong entrepreneurial orientation than by government support. In the context of this study, the government’s support policy for SMEs in eastern Indonesia is ineffective.
Limitations/research implications – This research selects the characteristics of the living company by Geus, which positions business entities as living beings, as an indicator of business longevity.
Practical implications - Based on research results, the sustainability of SMEs in eastern Indonesia can be built based on the owner-managers entrepreneurial orientation. Meanwhile, government support still needs to be maximized.
Originality/value ─ The contribution of three determinants of government support to SMEs is analyzed to determine the acceleration of the survival of SMEs after Covid.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-09-01
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/29257
10.20885/jsb.vol27.iss2.art5
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 188-207
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/29257/15594
Copyright (c) 2023 Abdul Azis Bagis, Akram Sukma, Santi Nururly
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/29975
2024-02-12T03:18:22Z
JSB:ART
driver
The smart effort to build up an innovative organizational culture in a skincare company
Handoko, Yunus
Anjaningrum, Widiya Dewi
Innovation Organizational Culture (IOC)
Employee Performance (EP)
Work Engagement (WE
Physical Work Environment (PWE)
Innovative Work Behavior
Purpose – The research objective was to examine the predominant errand of work engagement (WE) and the physical work environment (PWE) in the development of innovative organizational culture (IOC) by contemplating the mediating factors of innovative work behaviour (IWB) and employee performance (EP).Design/methodology/approach – The research was conducted through a questionnaire survey of all employees of PT. Alzena Skincare Indonesia, 175 people who produced quantitative primary data. Through the PLS-SEM high-level analysis, the validity and reliability of the questionnaire were checked, and each research hypothesis was evaluated in detail.Findings – The research results showed that an ‘IOC’ in a skincare company can be developed, and ‘WE’ is the principal aspect. However, it was still essential for the company to heed the ‘PWE’. The partial mediating role of ‘IWB’ and ‘EP’ accelerated the formation of an ‘IOC’. Meanwhile, serial mediation of ‘IWB’ and ‘EP’ only supported ‘WE’ in building ‘IOC’, not the ‘PWE’.Research limitations/implications – This research was still limited to PT. Alzena Skincare Indonesia employees, so the results cannot be generalized to other types of businesses. Thus, further research is compulsory to test the research model on other objects and look for other factors that can encourage creation of an innovative organizational culture.Practical implications – The practical implication of this research was that skincare company managers need to build ‘IOC’ by strengthening ‘WE’ and improving the ‘PWE’ that supports it. These two factors created ‘IWB’ and improved ‘EP’, ultimately forming an ‘IOC’.Originality/value – It still needed to uncover research that examined the effect of ‘WE’ and the ‘PWE’ on ‘IOC’, especially if it was serially mediated by ‘IWB’ and ‘EP’. So, the complex model was the main novelty of this study.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2024-02-05
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/29975
10.20885/jsb.vol28.iss1.art3
Jurnal Siasat Bisnis; VOL 28, NO 1 (2024); 37-55
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/29975/16338
Copyright (c) 2024 Widiya Dewi Anjaningrum, Yunus Handoko
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/30215
2023-11-28T07:16:47Z
JSB:ART
driver
Long-term and short-term dynamic relationships on the country Stock Market Index due to the impact of explosion of Ammonium Nitrate (NH4NO3) in Beirut, Lebanon: An event study analysis on the Stock Market Index of countries in The Middle East and the country Stock Market Index in Indonesia
Adristi, Fikri Irfan
Moin, Abdul
Cointegration
dynamic relationship
ammonium nitrate (NH4NO3) explosion
country stock market index
stock market return
Objectives ─ This research aims to examine the long-term and short-term dynamic relationships of the major stock market indices in Lebanon (BLSI), Israel (TA35), Jordan (AMGNRLX), Saudi Arabia (TASI), and Indonesia (IHSG) due to the impact of the ammonium nitrate explosion. (NH4NO3) in Beirut, Lebanon.
Method ─ This research used samples after the explosion of ammonium nitrate (NH4NO3) in Beirut, Lebanon, from 10 August 2020 to 17 December 2020. Long-term and short-term dynamic relationships due to the impact of the ammonium nitrate (NH4NO3) explosion in Beirut, Lebanon were tested using the Johansen Cointegration Test and Granger Causality Test methods.
Findings ─ The results show that: (1) There is a cointegration relationship in the return of the country stock market index in Lebanon (BLSI), Israel (TA35), Jordan (AMGNRLX), Saudi Arabia (TASI), and Indonesia (IHSG) after the explosion; (2) there is no bi-directional causality relationship or unidirectional relationship between benchmark variables, that is Return BLOM Stock Index (BLSI) with the Return TA-35 (TA35), Return Amman SE General (AMGNRLX), Return Tadawul All Share Index (TASI), and Return Indeks Harga Saham Gabungan (IHSG) variable after the explosion event.
Originality ─ This paper presents a novelty with a study of events that link human events and capital market indices.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2023-11-28
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/30215
10.20885/jsb.vol27.iss2.art8
Jurnal Siasat Bisnis; VOL 27, NO 2 (2023); 235-253
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/30215/15912
Copyright (c) 2023 Fikri Irfan Adristi, Abdul Moin
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/30370
2024-01-29T04:26:12Z
JSB:ART
driver
Gamification aspects affecting mobile app continued use, attitude, and satisfaction
Nugroho, Sahid Susilo
gamification
continued use
satisfaction
attitude
motivation
usefulness
Purpose – The aim of this study is to shed light on the factors influencing continued use, attitude, and satisfaction with gamified mobile app usage. A research model is proposed, featuring achievement, social, confirmation, ease of use, enjoyment, recognition, and social influence as independent variables. Dependent variables encompass continued use, attitude, satisfaction, motivation, and usefulness.Design/methodology/approach – Data were collected from 1,633 respondents who use gamified shopping apps. Hypothesis testing was conducted using path analysis, and the Bootstrapping method was used to test the significance level of each relationship.Findings – Results indicate that achievement and social factors have a positive impact on motivation. Motivation, confirmation, and usefulness all positively influence satisfaction. Usefulness is shaped by confirmation and ease of use. Moreover, usefulness, ease of use, and social influence positively correlate with attitude and continued use. Contrarily, neither enjoyment nor recognition appeared to influence attitude or continued use.Research limitations/implications – This study did not incorporate frequency and personal traits into the model. While the results are particularly relevant to shopping apps, their applicability may extend beyond this context. Future research could consider frequency and personal characteristics as moderating variables and sample objects from varied industries.Practical implications – When developing gamification strategies, businesses ought to take into account both utilitarian and social aspects of gamification. It's vital to understand user expectations, prioritize user-friendly gamification interfaces, and promote positive word-of-mouth.Originality/value – This research enriches both the gamification and marketing literature by introducing a model grounded in gamification elements, human motivation theory, and the expectation-confirmation paradigm. It underscores the pivotal role of utilitarian and social facets in shaping usefulness, motivation, satisfaction, attitude, and continued app use. Notably, this work paves the way for further exploration into the roles of enjoyment and recognition.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2024-01-29
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/30370
10.20885/jsb.vol28.iss1.art2
Jurnal Siasat Bisnis; VOL 28, NO 1 (2024); 19-36
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/30370/16223
Copyright (c) 2024 Sahid Susilo Nugroho
https://creativecommons.org/licenses/by-sa/4.0
oai:ojs.jurnal.uii.ac.id:article/31519
2024-03-04T07:57:53Z
JSB:ART
driver
Reputational risks management and mitigation: Empirical evidence from the wedding organizer sector
Iskandar, Bayu
Maarif, Syamsul
Ramadyanto, Widodo
reputation risk
risk classification
risk identification
risk mitigation
wedding organizer
Purpose – The purpose of this research is to identify and determine reputation risk mitigation strategies that may arise in the business processes of wedding activities at Lifetime Organizer Bogor. A poor reputation for a wedding organizer can drive consumers to switch to competitors with a better reputation. Therefore, effective reputation risk management is crucial for wedding organizers.Design/methodology/approach – This study employs the Risk Assessment Godfrey method and Flanagan & Norman Risk Response Analysis. Risks are identified through direct observation at multiple weddings organized by Lifetime Organizer, in-depth interviews with the owner and field coordinators, and the distribution of questionnaires to partner vendors and consumers of Lifetime Organizer. The risk assessment is calculated using a comprehensive approach that combines qualitative and quantitative elements, facilitated by questionnaires, and processed through geometric mean calculations.Findings – The findings in this study contain mitigation action strategies for risks with high and extreme risk levels. These mitigation strategies are organized based on implementation that aligns with the company's needs and resources, thereby enabling the company to proactively prevent the occurrence of such risks.Research limitations/implications – In this study, the identified risks pertain to factors that may influence the company's reputation. Since reputation is a subjective perception held by individuals, it introduces subjectivity in the process of identifying and evaluating risks. It is anticipated that in future research endeavors, this aspect will be duly considered and addressed.Practical implications – The research holds significant practical implications for wedding organizers, providing a tailored approach to reputation risk management. The proposed strategies, informed by the risk assessment framework, empower companies to navigate the dynamic event planning industry effectively, fostering long-term success and resilience.Originality/value – This study contributes novelty by adapting and applying established risk assessment methods to the specific context of the wedding planning industry in Indonesia. The findings offer a unique perspective on reputation risk management, providing valuable insights for both industry practitioners and researchers in developing countries.
Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia
2024-03-04
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
application/pdf
https://journal.uii.ac.id/JSB/article/view/31519
10.20885/jsb.vol28.iss1.art5
Jurnal Siasat Bisnis; VOL 28, NO 1 (2024); 71-87
2528-7001
0853-7666
eng
https://journal.uii.ac.id/JSB/article/view/31519/16471
Copyright (c) 2024 Bayu Iskandar Bayu, Syamsul Maarif Syamsul, Widodo Ramadyanto Widodo
https://creativecommons.org/licenses/by-sa/4.0